The combination of full valuations, rising fundamental uncertainty and central banks that are proactively removing accommodation dictates the need for a more cautious posture next year. (blackrockblog.com)
However, as seen in Chart 10, there is some evidence of lower heterogeneity among forecasters in the Blue Chip survey compared with the Survey of Professional Forecasters, especially in recent periods, which, in retrospect, were periods of high fundamental uncertainty in the economy. (newyorkfed.org)
Climate scientists disagree because of fundamental uncertainties arise from insufficient observational evidence, disagreements over how to interpret data, and how to set the parameters of models.» (climatechangereconsidered.org)