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He has forecast that it will fall later in the year, and that the greater dangers are turbulence in the money markets and Europe's debt crisis, which could hit the UK's weakened economy.
He is sure the takeover will work, claiming he has forecast an "eminently sensible", self-sustaining business plan for the club for the next two years that would have League Two rivals "casting envious glances".
Most notably, he has forecast future savings on pensions payments and counted them as current general revenues.These accounting gimmicks are the main way, says Mrs Topinka, in which Mr Blagojevich has been able to expand spending on pet social programmes without breaking his pledge to avoid increases in sales or income taxes.
In a research note last week, Brian Wieser, an analyst at the Pivotal Research Group, estimated that an inability to resolve the fiscal crisis could result in American ad spending declining next year by 4 percent, or $9 billion, rather than growing by 1 percent as he has forecast.
A few examples: he wrote about the housing bubble before it collapsed and caused the Great Recession; he has forecast and explained that large budget deficits and trillions of dollars of "quantitative easing" (money creation) would not cause inflation or long-term interest rates to rise; and that the "confidence fairies" would not reward governments that pursued austerity in the face of recession.
"Looking back now," Dr. Yardeni said, "it turns out that this wave has been remarkably well correlated with the wave of both inflation and the bond yield," a trend that he has forecast will last until 2010, when significant numbers of baby boomers are retired.
Similar(50)
Previously, he had forecast an increase of 5percentt.
The previous day, he had forecast that independence will be achieved in his lifetime.
In December, he had forecast a gain of 6.9percentt in 2004.
7. Conceding that the "coverage has been fairly brutal," Mr. Weiner insisted he had forecast the arc of his campaign.
Of course, Mr. Silver had a head start: he had forecast that Senator Obama would beat Senator John McCain back in March.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com