That drop seems bad, until you consider this: A bunch of
economists saw it coming, even before the recession.
Not exact matches
Peter Tertzakian, chief energy
economist and managing director at ARC Financial Corp., says it's a bit early to
see much acquiring or consolidating, but it's likely
coming.
Stock markets could
see a hefty fall in the
coming months due to a slew of trends that point to a downturn in the global economy, one
economist told CNBC.
«The periphery is
seeing faster growth but you are in danger that if the (euro zone) core remains weak, that will spread to the periphery and everything will
come down again,» said Chris Williamson, Markit's chief
economist.
In other words, oil price increases that
economists and investors do not
see coming spell trouble for global markets if left unchecked.
You
see, the theory postulated by
economist John Maynard Keynes holds that the extra spending stimulates additional output fails to address the question of where the money
comes from.
With such a widespread misunderstanding about a fundamental tenet of economics — how money is created — it's not surprising that
economists failed to
see the economic crisis
coming, and that politicians are failing to build a sustainable recovery.
Economist and Labour life peer I have
seen seven Labour leaders
come and six go - Wilson, Callaghan, Foot, Kinnock, Smith and Blair.
In the words of Nobel prize - winning
economist Joseph Stiglitz: «If science is defined by its ability to forecast the future, the failure of much of the economics profession to
see the crisis
coming should be a cause of great concern.»
A decade and a half after Richardson's shift to ecology, he has
come to
see leaf color the way an
economist might view a financial statement.
As you will
see in the summary report (by Fordham's Dara Zeehandelaar and Amber Winkler) and several technical papers to follow,
economist and pension expert Robert Costrell and education - finance expert Larry Maloney parsed the budgets of the Milwaukee, Cleveland, and Philadelphia school districts to estimate just how big an impact their pension and retiree - health - care obligations will have on their bottom line in
coming years.
Too often the policy related commentary
comes from
economists who
see children as just another place - holder on a spreadsheet, but then there are the attorneys, the bankers, the CEOs and, inevitably, the tech tycoons.This creates problems including the fact that over a decade of «reform» has been a path to nowhere.
It was the closest any state had
come to the universal voucher originally envisioned by the
economist Milton Friedman, who
saw unfettered choice as the only hope to ensure poor families had access to good schools.
Few
economists see a big improvement in the
coming years.
Because market technicians and
economists believe we are in a «Secular Bear Market» which should last until the year 2020 or forecasters which
see a «Major Stock Market Crash
Coming for Stocks by September 2011 ``, the chart shows it's possible we could still fall another 38 % (721.42 points) inflation adjusted on the S&P 500 Index, bringing it to 610.99 — a level we have not
seen since if it follows past secular bear markets since December 21, 1995.
Economist Sal Guatieri at the Bank of Montreal said in a research note that the year - over-year drop in July was the first in three years, and he doesn't
see the slowdown in sales
coming to a halt.
Visual AIDS sweeps the world, a punk show
comes to Brooklyn, Charles Atlas
comes to Times Square, and
economists review the art economy — among many of this week's must -
see art events.
The
Economist came early to the story, pronouncing them the future platform for cars in Dec»04 —
see the links at the bottom of http://www.calcars.org/kudos.html and covered the launch of Plug - In Partners in January with two stories —
see http://autos.groups.yahoo.com/group/calcars-news/message/271.
Is it because we are so close to the problem we are blinded to the dangers like the
economists who did not
see the meltdown
coming?
By the way Michael gove was referring to
economists when he said «experts» I am not aware he was talking about any of the scientific disciplines, merely one of the black arts which caused our very own queen to say» but why did nobody
see this
coming» referring to the sudden economic down turn in 2008, foreseen by everyone except the
economists.
I've
seen a quote by the chief
economist for the American Petroleum Institute saying, «Well, you have to keep in mind: a lot of things that are going to go into these batteries are going to
come from foreign countries, and we don't want to trade dependence on foreign oil for something else.»
In no particular order, there are the Leftist
economists for whom global warming represents a supreme example of market failure (as well as a wonderful opportunity to suggest correctives), UN apparatchiks for whom global warming is the route to global governance, Third world dictators who
see guilt over global warming as providing a convenient claim on aid (ie, the transfer of wealth from the poor in rich countries to the wealthy in poor countries), Environmental activists who love any issue that has the capacity to frighten the gullible into making hefty contributions to their numerous NGOs, Crony capitalists who
see the immense sums being made available for «sustainable» energy, Government regulators for whom the control of a natural product of breathing is a dream
come true, Newly minted billionaires who find the issue of «saving the planet» appropriately suitable to their grandiose pretensions, Politicians who can fasten on to CAGW as a signature issue where they can act as demagogues without fear of contradiction from reality or complaint from the purported beneficiaries of their actions.
If one looks at the numbers provided by FNB Property
Economist John Loos, «with widespread weakness in sentiment late in 2017, showing up in both Consumer and Business Confidence readings as well as the Rand, it
came as no surprise to
see households remain a relatively conservative bunch at the time of the fourth quarter 2017 FNB Estate Agent survey, which was done in October».
«Much of the country for the second straight month
saw a pullback in pending sales as the rate of new listings continues to lag the quicker pace of homes
coming off the market,» says Lawrence Yun, chief
economist at NAR.
«It's no surprise to
see sales
coming off of the spike in October,» says NAR Chief
Economist David Lereah.
«I wouldn't be surprised to
see more activity by HFS in
coming months,» says John A. Tuccillo, chief
economist and vice president of the NATIONAL ASSOCIATION OF REALTORS ®.
All indications are that we will
see at least one or two additional rate increases this year, but
economists are predicting a repeat of last year when it
comes to the number of properties being bought and sold.
«The market is very strong right now, but we think we'll start to
see a pause as more supply
comes on - line this year and next,» said Jeff Havsy, Americas chief
economist at CBRE, and managing director at CBRE Econometric Advisors, in the report.