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More importantly, though, I think newspapers should avoid screaming frontcover headlines of the "Coldest May in 100 Years" variety - unless, perhaps, a wide range of forecasters all make the same prediction.
He was smack in the middle of the range of forecasters then, many of whom were knock-kneed nervous over Y2K.
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"It is also clear that a wide range of credible forecasters expect oil prices to remain close to present levels, or rise further in future years - with some organisations, such as the OECD, suggesting that prices could exceed $150-a-barrel 150-a-barrel 150-a-barrel
The cuts — a result of a policy known as sequestration — most likely would reduce growth by about one-half of a percentage point in 2013, according to a range of government and private forecasters.
Yet at any time, there are many forecasters with a large range of views.
Advancing technology has made clowns of forecasters for centuries.
The Economist poll of forecasters, July 2013 GDP Inflation.
The queue of forecasters warning against Brexit just got longer.
But now The Economist's latest poll of forecasters suggests growth of only 2.1% (see article).
THE weather, like the financial markets, routinely makes fools of forecasters.
The comparison and evaluation of forecasters.
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