2015 commodity price

The Folly of Economic Forecasting

Exhibit A:  Late 2015 Gas Prices Still believe in economic forecasting? Find me one analyst, less than 3 years ago, who got both or just one of the following right — and correctly forecast the economic effect of same: One.  Wholesale gas prices will collapse.  Retail prices (what consumers pay at the pump) will plummet more...
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