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Finally, moles are supposed to have long-term forecasting ability.
As Mr. Greenspan put it, "our past endeavors at long-term forecasting afford us little confidence in being able to anticipate seminal changes in global economics and finance".
For that kind of long-term forecasting, we need to understand the reasons for the recent, violent price cycle, and whether it is likely to repeat itself.
"But the 20th century, and even the 21st century, is a warning about how well anybody can do long-term forecasting.
Flying in this orbit, Aqua will take readings of every part of the globe every 16 days, building a comprehensive database that allows scientists to assess changes and drastically improving computer models for long-term forecasting.
Furthermore, long-term forecasting and simulations cannot be derived from I/O analysis.
Similar(21)
The long-term forecast may be brighter.
Long-term forecasts are glowing.
The dire long-term forecasts may well prove right.
Long-term forecasts like these are notoriously unreliable.
The long-term forecast for retailing is murky.
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