What do the latest jobless numbers say about where we are headed with this economy?
Posted by: Administrator in Business & Economy |http://marketplace.publicradio.org//display/web/2010/02/05/pm-jobs/
The January unemployment rate dropped from 10% to 9.7%, yet 20,000 jobs were lost.
Outlook: Where Will the Markets Go Next?
Posted by: Administrator in Business & Economy |http://online.wsj.com/article/SB126549586833842063.html?mod=WSJ_latestheadlines
A year ago, investors were dealing with heavy losses from the most brutal stock-market selloffs in years. The last thing they expected was a ferocious bull market. And yet, shares soon began to soar -- climbing more than 50%.
Expert predictions often off the mark. Biases, overconfidence and mental shortcuts can affect forecasts
Posted by: Administrator in Business & Economy |http://www.ajc.com/business/expert-predictions-often-off-292899.html?cxtype=rss_news_128746
Late last year, an association of many of the nation’s top economists declared that the “Great Recession” was over, that the stock market would keep climbing and that employers would soon resume hiring.
The nation’s economy should grow about 3.2 percent this year, for instance, according to a panel of four dozen economists with the National Association for Business Economics.
As Yogi Berra said, predictions are hard -- especially about the future.
Posted by: Administrator in Business & Economy |http://www.ajc.com/business/economic-outlook-for-2010-292891.html?cxtype=rss_news_128746
Economic outlook for 2010:
The last couple of years have been tough ones for economic forecasters, what with some dramatic changes -- most of them negative. We had the housing bubble burst, the financial sector meltdown, oil prices soaring and an economy in panicked retreat. More than 7.2 million jobs have been lost so far.
A New Trend: The Sanctioning Of Field Commanders. Watch
Posted by: Administrator in News |http://abcnews.go.com/WNT/video/camp-keating-officers-disciplined-9762948
Punishing Military Officers for Tactical decisions, is controversial because War is unpredictable.
Quirky Economic Indicators such as Gambling show an uptick. Watch
Posted by: Administrator in Business & Economy |http://abcnews.go.com/WNT/video/decrease-job-loss-good-sign-9762866
Rising Casino Revenues predict falling employment.
Best Bets:34-31(over) Saints +5 (the Underdogs are 6-3-1 in the past 10 Super Bowls)
Posted by: Administrator in Sports |Super Bowl XLIV: Our picks to win -Watch Tiki's surprise pick and final score prediction.
Posted by: Administrator in Sports |The Jets' Derrelle Revis talks with Tiki Barber at Super Bowl XLIV. He predicts 38-35 for the ? View
Posted by: Administrator in Sports |Buying into predictions.
Posted by: Administrator in News |http://cosmiclog.msnbc.msn.com/archive/2010/02/05/2195832.aspx
Who’ll win the Super Bowl? There’s a market for that. The Oscars? There’s a market for that. How well will Apple’s iPad do? Yep, there’s a market for that, too. Prediction markets, which started out as a political phenomenon, are becoming routine.
