Showing posts with label Predictions Of Others. Show all posts
Showing posts with label Predictions Of Others. Show all posts

Thursday, May 28, 2009

Remember That You Read It

5/27/2009

"WASHINGTON (AP) — More than 90 percent of economists predict the recession will end this year, although the recovery is likely to be bumpy.

That assessment came from leading forecasters in a survey by the National Association for Business Economics released Wednesday. It is generally in line with the outlook from Federal Reserve Chairman Ben Bernanke and his colleagues."

"More than 90 %" Eh? Too bad they didn't list names. I don't know anything about NABE, but I suspect they're about as good as the National Association of Realtors at predicting the economy.