“The rule on staying alive as a forecaster is to give 'em a number or give 'em a date, but never give 'em both at once.”
Jane Bryant Quinn
“Investors may stay cautious about buying bonds before the consumer price report and the central bank's forecast.”
“If Isabel stays close to our forecast track and if it does make landfall as a major hurricane, it has the potential for large loss of life if we don't take it seriously and prepare,”
“Given the volatility of the report, I don't put a lot of credence in the forecasts. The headline number is the news and the fact that it went up signals that the recovery isn't falling apart.”
“Greenspan did not participate in supplying numbers for that forecast -- he refused to do so -- and sometimes in his testimony he didn't even mention the forecast.”
“The scheduled rain date is a Sunday, Jan. 15, but the forecast is for sunny weather in the mid-60s. Let's hope.”
“Basically, our internal forecasts were overly aggressive, ... When you fall short of your internal forecast, two things happen: costs go up as a percentage of sales and margins go down.”
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