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Analysts rushed to revise their estimates yesterday, with most predicting a quarterly loss of 30 cents to 40 cents a share.
And in this group the news met with general nervousness and mixed reactions, with most predicting that China should and would take a wait-and-see attitude.
And high levels of debt, preventing people from trading up, may drag the market down.The analysts all expect a correction, most predicting a long, slow one.
Several leaders and commentators warned Sunday that the death, coming amid a severe financial crisis in the West Bank, could lead to extended protests, with most predicting a largely nonviolent movement of civil disobedience like the one Palestinians undertook from 1987 to 1993 rather than the campaign of suicide bombings that began in 2000.
As the American economy has cooled and expensive oil and a partly revived euro have begun to take their toll, economists have begun to revise their growth forecasts sharply downwards, with most predicting little over 2% this year, down from more than 3% last.
Estimations of sensitivity and specificity are available for most predicting algorithms [27].
Similar(54)
Most predicted similar results for the electric power system.
Most predict that the economy will accelerate only gradually.
Most predicted that the American campaign would eventually prevail.
The projected result however is closer than most predicted.
So most predict a sharp rebound in the third quarter.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com