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"He's very good at forecasts.
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"We're just not good at forecasting it".
Here's a surprise: economists aren't so good at forecasting.
Supercomputers, for instance, aren't good at forecasting atmospheric details in the center of storms.
Nor is there evidence that analysts are any good at forecasting profits growth.
Studies of the panelists on "The McLaughlin Group," for instance, find that they aren't remotely good at forecasting.
"The Street is not very good at forecasting these numbers," said James E. Glassman, senior United States economist at J.P. Morgan.
So the Bank is not good at forecasting growth, or unemployment, or inflation.Forward guidance was always a tricky policy, given that background.
He is so good at forecasting the public's taste that he has reaped a windfall, at least in play dollars, turning $2 million into $460 million.
"No one is very good at forecasting the economic future right now, but I would say no," said Graham Hodges, a professor at Colgate University who has written a history of the taxi industry.
In that paper, three financial economists — Itzhak Ben-David of Ohio State University and John R. Graham and Campbell R. Harvey of Duke — found that chief financial officers of major American corporations are not very good at forecasting the future.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com