Blog Post

Forecasting market prices and weather: It’s everyone’s guess

Last weekend the weather forecast here was one that suggested making hay.  Some people went and mowed some, and it has been rained on several times.  We’ve even been in flash flood watches this week.

Now check out this quote from a market forecaster from this week “forecasts have been modified by the way the first half of the year has played out, with implications for a significantly different second half of the year.”  That is some fancy wordsmithing right there, just to say “Our guess was wrong.”

Click to check the original article.