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Is the boom that many forecast for this year going to be equally notable for long contested corporate tussles?
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But it is too late for that now, with a budget deficit of an extraordinary 11-12% of GDP popping up in many forecasts for next year.
Analysts do not expect Wall Street to reprise that remarkable performance over the next year, but many forecasts call for steady growth of 10 to 20 percent.
In comparison, a gallon of diesel made from crude oil now costs more than $2, even before refining, and many forecasts are for the price of oil to go higher.
Dean, in fact, got 38% of his campaign's total funds from donations of $200 or less, planting the seeds for what many forecast would be a small-donor revolution in American politics.
Many forecasted the end for GM and Chrysler when they declared bankruptcy just a short few years ago.
Many forecasts now are for a neck-and-neck race that could produce a squeaking Labour victory, or a "hung Parliament" in which neither major party achieves a majority.
But corporate results have surpassed many forecasts.
In a 1965 paper [ 14], Lorenz suggested that, instead of running one forecast from a best guess of the initial state, one should run an ensemble of many forecasts, each from a statistically equivalent estimate of the initial state, to give a Monte Carlo estimate of the forecast uncertainty for a given weather model.
Many weather forecasts for yesterday had called only for light snow over much of the region.
The 41percentt drop in second-quarter profit reported by Exxon Mobil is another sign that the strong rebound in corporate earnings that many analysts have forecast for the second half of the year may not materialize.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com