Robo-advisors are platforms that use algorithms...
Australia’s crop production, boosted by good rain, is forecast to increase by 32% to a record high of 52.4 million tonnes, according to analysts at government forecaster ABARES (Australian Bureau of Agricultural and Resource Economics and Sciences). Above average rainfall in September, followed by mild spring conditions, ensured good soil […]
Spending in Australia will stay low over the next 12 months with clothing the one highlight in a struggling Australian retail sector, says Deloitte Access Economics. Low growth in spending reflects the increasing caution of consumers as wage growth hits record lows, according to the quarterly Retail Forecasts report by […]
After a recent incredibly strong El Niño...
Hurricane Matthew is turning into a storm that we will not be forgetting anytime soon. It pummelled Haiti and eastern Cuba on Tuesday and is now headed for the Bahamas and Florida. President Obama recently confirmed our worst fear: that the storm could grow even stronger before it reaches Florida by Thursday evening.
VIDEO: The NOAA's summer outlook has predicted that it's likely to be a hotter than normal summer for most of the United States.
While most FX forecasters continue to see the Australian dollar moving lower in the years ahead, that sentiment is not shared by the Commonwealth Bank. In a major deviation from market consensus, the bank has turned bullish towards the Aussie, predicting that it will be back at 80 cents by […]
Forecasting is a mug’s game. Anyone who ever sat down in front of a client and made a forecast – on the economy, markets, growth, margin, yield, or any other measure – at some point in the future knows in their heart the chances of hitting a bullseye are often […]
A potentially historic snowstorm, dubbed Winter...
VIDEO: Weather experts say a moving storm system could turn into a historic blizzard if it reaches its full potential, slamming the Northeastern US.
Some people like forecasts, some people hate...
China's crazy growth has been one of the...
Some forecasts just don't age very well.
A distinct split is forming.
Perhaps it's time to go contrarian.
The surge continues.
New Yorkers, rejoice!
Spring has officially...
The Conference of British Industry (CBI) has...
Europe set to grow by only 1% this year.
It is a boost, but it won't last.
Interest rates on hold.
Because of several weird weather systems, it's...
UBS forecasts that the US economic recovery...
This year's winter forecast is out, and it...
What are the chances you'll put the washing out
An umbrella's worst nightmare.
Hit by weather and political strife.
Structural transformation continues.
Strong population growth of around 0.8% per...
A rough ride ahead?
[credit provider=”flickr/stuckincustoms” url=”http://www.flickr.com/photos/stuckincustoms/5931809385/sizes/l/in/photostream/”] Bloomberg put together a list of the most accurate U.S. economic forecasters, polling 69 bankers around the world.Now the results are in, and it turns out that five of the top 8 forecasters are outside the United States. For the most part, they attributed their success to […]
The most important part of the Federal Reserve-watching game is now this: figuring out how long it will take for the unemployment rate to drop to 6.5 per cent. That’s the benchmark that the Fed’s rate-setting Open Market Committee pegged in December as the one that will prompt it to […]
[credit provider=”Instagram/jwheyman” url=”http://statigr.am/viewer.php#/detail/339919796244306931_249379341″] Wondering what to expect in NYC real estate in 2013?A dozen agents, lawyers, mortgage brokers, property managers, and appraisers tell us what they think the year will bring.
[credit provider=”Bloomberg TV screenshot”] Bob Doll, the now former chief equity strategist at BlackRock and the current chief equity strategist for Nuveen, offered 10 predictions for 2012 a year ago.”In summary, 2012 is likely to feature a slow-growth world that includes a recession in Europe,” he wrote. “Should the muddle-through […]
[credit provider=”Dr. Ed’s Blog”] The good news is that industry analysts may be ready to take a rest over the rest of the year after cutting their S&P 500 earnings expectations during October’s Q3 earnings season. They continued to lower their estimates for Q4 during the week of November 22, […]
After a raging weather month — with the once-a-century Superstorm Sandy beating up much of the East Coast — NOAA just announced some intense statistics about this last month. Overall, it was the 5th warmest October on record, coming in at 1.13 degrees Fahrenheit above average.
[credit provider=”NOAA”] After reaching record lows earlier than expected in September, Arctic sea ice has doubled, but it’s still the second smallest on record. The lowest sea ice extent for October came in 2007.”This is a little bit of a change compared to September, which is when arctic sea ice […]
[credit provider=”NY Post Twitpic” url=”http://twitpic.com/b8hvy5″] As early as Oct. 22, when Hurricane Sandy was just a churning spout of turbulence in the distant Atlantic, the National Hurricane centre in Miami was already warning that it could develop into a storm with potentially devastating impact on the East Coast.One computer model […]
[credit provider=”flickr: GavinLi” url=”http://www.flickr.com/photos/gavinli/4346869445/”] Kevin Boyland and Anna Son at IBISWorld released a report highlighting 10 U.S. industries with limited growth prospects.Even as the economic recovery continues, these industries aren’t likely to be losers.
[credit provider=”Twitter/@EastTNWX” url=”https://www.facebook.com/photo.php?pid=10763316&l=297ef3fe44&id=239314963599″] Before the beginning of this hurricane season, back in May, forecasters thought this year would be an average one.Come August, when the season typically peaks, forecasters notched up their outlook, saying the season would in fact be busier than average.
We had a flurry of bad economic news last week. And we have a critical — both economically and politically — jobs report coming up Friday.
[credit provider=”Frank Kovalchek/Flickr” url=”http://www.flickr.com/photos/[email protected]
/4512880348/”] As election day nears, the conversation in offices, homes, and pulpits across the country has focused almost exclusively on one thing: The Economy.And that’s for good reason. The economic climate will dictate how the country shapes policy on a number of issues including taxes, healthcare, and […]
[credit provider=”St. Olaf College” url=”http://www.stolaf.edu/depts/economics/events.htm”] Economists are closely watching today’s jobs report, with expectations for a 130K print when the August report is finally released at 8:30 a.m.Below, forecasts from some of the Street’s top names.
Business Insider Intelligence a new research and analysis service focused on mobile computing and the Internet. The product is currently in beta. For more information, and to sign up for a free 30-day trial, click here. Global tablet sales will exceed 450 million units by 2016, according to a new report from BI […]
Global tablet sales will exceed 450 million units by 2016, according to a new report from BI Intelligence.
[credit provider=”Bloomberg” url=”http://www.bloomberg.com/video/80778544-economist-girard-nov-17-on-u-s-jobs-housing-consumers.html”] Economists are closely watching tomorrow’s jobs report, with expectations for a 100K print when the July report is finally released tomorrow at 8:30 a.m.Below, forecasts from some of the Street’s top names.
Fund manager John Hussman sees ominous signs in the market right now that a big decline could be right around the corner.
[credit provider=”Oli Scarff/ Getty Images”] In a move forecast by Christine Lagarde July 6th, the IMF has reduced its global GDP growth forecast from 4.1 per cent to 3.9 per cent for 2013.The report, a quarterly update to the IMF’s World Economic Outlook, cites the Eurozone crisis as the principal […]
David Bianco, the U.S. equity strategist at Deutsche Bank and typically one of Wall Street’s most bullish strategists, is not too optimistic on stocks at the moment.
Citi is out with its 80-page Global Economic Outlook and Strategy report. The massive document compiles the opinions and outlooks of the bank’s army of economists, strategists, and economists.
The post-PC era has arrived.