Word: forecasts
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...National Retail Federation has already lowered its forecast once, to a 5 percent gain over 1999 sales, and other analysts see 3 percent. Better than last year, sure, and still awaiting that post-Christmas pop. Not a disaster. But definitely...
Scare talk about oil prices will probably reach a peak this winter. Colder than usual temperatures are forecast for North America, and inventories of home heating oil and natural gas are at what the U.S. Energy Department calls "alarmingly low levels." That's the classic formula for a price spike that could quickly drive the cost of oil above $40 per bbl., a level that, if sustained for any significant length of time, could inflict considerable damage on the U.S. and global economies. O.K., that's the scare-your-pants-off scenario. At the moment, though, most experts are more...
Duluth, Minn., is not the place to go in late December if you're interested in coming back from winter break with a tan. The forecast for Duluth this weekend is between ten and 30 degrees, with snow showers all but guaranteed...
...paper recounts horror story after horror story of stressed-out kids being foisted with consultants to get into elite grammar schools "with lower admission rates than Harvard" and being booked themselves solid with exotic hobbies and activities in order to wow admissions officers. The paper goes on to forecast a generation of thirty- and forthysomethings "who are dazed survivors of some bewildering life-long boot-camp who...say they missed their youth entirely...
...extent this is still so today. For any invention to succeed in the marketplace, it has to be some kind of surprise. Most of all for the competitor. And then for the consumer. As a result, invention (with Descartes's help) has given us a world nobody could have forecast and few can understand because of the esoteric process of innovation and the fact that it has never been subject to general social audit...