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If history is any guide, it hasn't often been the result of speculative bets.
The financial crisis that afflicts the country is largely a result of speculative bubbles, built on false hopes, in the housing and stock markets.
Much of this premature sub-divisioning was a result of speculative land deals.
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Unlike the US, Spanish and Irish financial crises, the Italian banking crisis is not the result of a speculative property bubble.
Mark Cooper, director of research at the Consumer Federation of America, said that if today's higher prices are the result of a speculative bubble, then Congress should raise the bar on how much money investors must set aside before trading oil contracts, and beef up regulatory oversight of some commodity markets.
BEIJING — An increase of $453 billion last year in China's foreign exchange reserves partly reflected currency valuation effects and was not solely the result of inflows of speculative funds, the Chinese currency regulator said Tuesday.
Advertisers have always seen a difference between consumers of print products who might be expected to spend considerable time reading them and looking at many of the adverts in the process, and a web user who may have merely strayed on to a web page by chance or as the result of making a speculative search.
Much of the mayhem of SuperBowl markets past have been the result of something called speculative selling, by which brokers list tickets for sale on major marketplaces without actually knowing what seat they are selling.
The result is a strong anthology of speculative fictions set in 2070, each followed by a factual essay by a scientist.
In addition, although we could not detect any difference in proliferation between tumours with metastasis to the lymph nodes and those with distant organ metastasis, this result remains speculative because of the small numbers of stage IV tumours.
Because the experiment was limited to a very small number of participants, interpretation of results was speculative, but the design and implementation of the testbed itself serve to advance the research goals described here.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com