Word: forecasters
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...Pulitzer jury has never given a prize for writing about the weather, but if it ever does, the New York Times is ready. Last Thursday, the sobersided daily began its national forecast thusly...
...might have been registered without sanctions. Predictions that the sanctions would hurt black workers most have come true. Black unemployment is estimated at 40% to 45%, vs. a 10% jobless rate for whites. Another prediction made by opponents of sanctions, however, has proved quite wrong. It had been widely forecast that the embargo would provoke a laager (circling the wagons) mentality among whites, a nose-thumbing determination to defy world opinion. That happened in Rhodesia in the late 1960s, but exactly the opposite seems to have occurred in South Africa: the | shock of finding themselves moral outcasts stung many...
Even under the best of circumstances, weather prediction is an inexact science. Because the upper atmosphere is subject to countless fluctuations, mathematicians say the theoretical limit for a reasonably accurate forecast is less than two weeks. But within this time frame, a number of innovations have enhanced the meteorologist's prophetic powers. Supercomputers build mathematical models that show the interaction of wind, sun, temperature and humidity across the entire globe. And Doppler radar -- the technology at the heart of the Norman station -- is adept at spotting the destructive midsize squalls that have traditionally taken forecasters by surprise. By bouncing microwaves...
...Angeles, from San Francisco to Long Island, in New Orleans, Chicago, St. Louis and such depressed markets as Denver and Houston, signs abound that the long, bleak housing slump is easing. As the rebound percolates through one market after another, real estate agents, mortgage bankers and builders forecast a heartening home-buying surge this spring...
...first popular war since World War II," explains Bill LeFevre, senior stock-market strategist for Tucker Anthony. "You could very well see the consumer celebrate by buying that postponed car, TV or refrigerator. This will go a long way toward turning the recession into recovery." Stocks have accurately forecast seven of the eight recoveries since 1949, while the biggest bull market in history started in the 1982 recession...