Them, why are sell side
analysts forecasts still too optimistic?
Not exact matches
Data firms and
analysts agree that while the long weekend was a bust, the overall season should
still be in line with original
forecasts, what with lower gas prices, rising consumer confidence and a slowly but surely improving job market.
«We
forecast TCs at $ 150 this year because concentrate is
still very tight,» said
analyst Dina Yu at consultancy CRU Group in Beijing.
No wonder a study from last year found that sell - side
analyst forecasts are
still highly inaccurate.
Despite the
forecasted growth, some
analysts are
still concerned about the future of the Brazilian economy.
However, U.S. - based module manufacturers will
still not be able to supply more than a fraction of domestic demand, and even under the
forecasts of contraction within the U.S. market published by
analysts including GTM Research and IHS Markit, imports will
still account for the large majority of modules installed, at least for the next few years.
Still growing at double - digit rates, this tech giant's earnings
forecasts for this year were increased by two
analysts.
[However, the dollar
still enjoys substantial net gains — a macro factor
analysts tend to under - estimate, so I suspect the negative impact probably hasn't been fully discounted into earnings
forecasts for more internationally focused US companies.]
How do you account in your model for the findings of multiple researchers that, despite all the work undertaken by those forecasters, their
forecasts are too optimistic (see, for example, Roy Batchelor's «Bias in macro economic
forecasts,» McKinsey's «Equity
Analysts Are
Still Too Bullish» — be sure to check out Exhibit 2, which is absolute shocker — and more recently JP Morgan Asset Management's March 2013 chart in my post)?
Floating wind power is fast taking shape as a mainstream energy source, with
analysts upgrading their expectations of market - size — though
still far short of Statoil's
forecasts — from early estimates of 3.5 GW by 2030 to around 5GW, led by the geographic fact that 60 - 80 % of world's offshore wind resource is in water too deep for bottom - fixed turbines, and the societal reality that ever - vaster populations are going to be inhabiting coastal mega-cities.