Word: consensus
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...compensate is to pay attention to a broader range of forecasts. That's why there's no shortage of publishing and financial firms surveying groups of economists, presenting all of their opinions as "consensus" forecasts. A 2003 study by researchers at the Federal Reserve Bank of Atlanta found that the Blue Chip Consensus Forecast, which polls some 50 economists each month, is consistently better than any of its individual members. The researchers dubbed that result a "reverse Lake Wobegon effect": everyone was below average. During economic turning points - like the one we're currently in - the individual forecasts veered further...
...number of different industries rushed out reports about how CIT would affect the companies they watch. The biggest areas of concern were for the insurers that hold a large amount of CIT debt and retailers, which rely heavily on the type of short-term lending that CIT provides. The consensus was that CIT's failure alone was not likely to bring down any other firm...
...French Are the Worst Tourists on Earth," blared the website for Libération above a story on this year's survey. "Do French Tourists Abroad Do Their Country Honor?" radio-news station France Info asked as it invited listeners to debate the survey's findings online. (The consensus? Not really, though despite the poll's contention, forum posters concurred that few tourists of any nationality ever impress locals as model visitors...
...real motive, and for many months its overriding concern, is keeping up with Twitter. Although Facebook has 200 million users to Twitter’s 25 million (that doesn’t include all the new registrations that undoubtedly resulted in June following the Iranian elections), the consensus is that the future of social networking lies in microblogging: short up-to-the-second messages broadcast to your friends and followers. The key part of this equation—and what equipped Twitter to be such a powerful means of spreading information in the fallout of the Iranian elections?...
...this point, the injury has the potential for him missing this next season, and could be career-threatening," Rockets team physician Tom Clanton told the Houston Chronicle. "One of the things we are trying to get is a consensus opinion on that, to make certain there is no option we are overlooking that would provide an earlier return or would be an option for treatment that he would prefer rather than doing additional surgery." (See pictures of street basketball in China...