Word: forecasts
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Like Harvard, Yale had beaten defending Ivy champion Princeton 5-4 earlier this season. The forecast for last night suggested that one game out of nine could possibly decide the league winner...
...will Greenspan do?) was of little immediate consequence. "None of that discussion really plays a role here in Europe," he said, "which shows that Europe has really decoupled from the U.S." Lipp predicted that 2001 will be the year "Europe replaces the U.S. as the engine of growth." He forecast the European economy would grow at a healthy 3.5% annual rate, or just about last year's level...
When seers forecast the future literally instead of metaphysically, they usually miss by light-years. The Buck Rogers comic strip of the 1950s attempted to depict life in the 25th century. But even before the end of the 20th century, Buck's spaceship looked more like a 1956 Cadillac than any realistic vision of a technological tomorrow that is already with us. Nor can the exactitude of modern science save us from silliness in attempting to know what will happen next year, or next week, or even this afternoon. Economics is called the dismal science as much for being dismally...
...That said, once again, the NFL has triumphed over its professional sporting league counterparts as the most exciting, cohesive organization in America. Who predicted Ravens vs. Giants during pre-season? Only Miss Cleo from the Psychic Network could have had the ability to forecast that bizarre match-up (ain't that right, babe!). While the NFL continues to have great turnover among its teams, creating a sense of universal optimism (sorry, Ohio not included), Major League Baseball prevents all but about eight teams from competing for a World Series due to a lack of revenue sharing and no salary...
Today "the whole industry is on the brink of consolidation," says Kevin Murphy, an airline analyst for Morgan Stanley Dean Witter. "Clearly we're going to go from six major carriers to three, and that will be the story of 2001." If that forecast proves accurate, weary travelers had better enjoy today's service, because the prospects for improvement aren't getting any better...