That's the over-the-top rosy forecast from Bank of America Merrill Lynch's «Car Wars 2016 - 2019,» which the firm's research analyst, John Murphy, presented to the Detroit Automotive Press Association on Wednesday. (automobilemag.com)
Despite the rosy forecasts about the economy and hiring, there will be more potential employees than jobs as growth is stuck at its curent low rate. (inc.com)
New metrics are often used to justify these stock prices, but fundamentals as a whole tend to take a backseat to rosy forecasts and blind speculation. (investopedia.com)