Exact(1)
Implementation of long-term investments based on assumptions and forecasts causes a high risk of loss.
Similar(59)
Amazon.com and Amgen increased their 2003 sales forecasts, causing optimism that profit growth will accelerate in the second half of the year, and pushing the Nasdaq composite index higher.
They are constantly revising their forecasts, causing inconvenience not only to those pondering whether or not to take an umbrella, but also to commodity traders placing bets on how much gas and electricity will be needed for heating.
Estimates of the overall numbers can vary by tens of millions, but Alan Blinder, an economics professor at Princeton University, wrote in 2006 that sending service jobs abroad could cause some 40m American jobs to disappear to India and other emerging countries.Such dramatic forecasts caused widespread alarm.
Altera and Xilinx both announced weak end-of-year forecasts, causing their stocks to tumble late in the week.
Angela Braly (No. 4), the head of big health insurer WellPoint, suffered a setback this spring when her downward revision of financial forecasts caused a stock tumble, sparking investor and employee ire.
The release of the first 20-year forecast caused the uproar at the recent meeting.
The coincidence of the cold weather and a correct forecast caused a sensation.
The wholesaler then boosts his own sales forecast, causing the manufacturer to scale up production.
Relief failures and poor drought forecasting caused innumerable deaths in the Horn of Africa during 2011 and 2012.
Winds raged, and so, presumably, did many young fans when the torrential weather forecast caused the event's cancellation.
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