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"There's an old saying that goes, 'if everyone is forecasting something, then you know it won't come true,'" said Sam Stovall, chief investment strategist at Standard & Poor's.
That is touchy-feely forecasting, something like forecasting that your moody mother-in-law, having welcomed you on your last visit, will be glad to see you next time.
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"I don't mean to say it doesn't forecast something.
When it came to office in 2010, the forecast was for the deficit to be under £40bn this year; the OBR will today forecast something close to £100bn.
Hence the higher spending in Macau, as people move their money from China to overseas, even though the government has forecast something of a recovery and 7.5 percent growth for 2013.
The true test of Wall Streeters' mettle is if they can forecast something really important, like what films will be the summer's big winners, and how they will rank.
The Prophetess failed, however, to forecast something in her own life: she never thought that she would become the caretaker of her husband's dreadlocks which, through the years, have inched slowly down his back, measuring the length of their love story.
"So if I'm going to forecast something, it is that it's going to get worse, not better".
It even raised its full-year profit forecast, something hardly any Japanese company has done lately.
"Yesterday, that was a forecast, something we surmised, and today it is in the data".
The error figures for Dr. Fair's model and one other are highlighted in blue because they fell outside the 95 percent confidence interval as claimed by the forecast, something that should happen only one time in 20.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com