Showing posts with label Sentiment. Show all posts
Showing posts with label Sentiment. Show all posts

Why Predictions Are Iffy

Predictions, barring a few, are iffy. Newspapers wrote reams, and business news channels expended hours with "experts" about everything from stock prices, movements of indices, and oil prices per barrel, in the months leading up to the Corona crisis.

And what do you have now?

Sensex at 29,000 instead of 41,000

Oil prices at 30 dollars a barrel instead of 60 and climbing

Consumer sentiment at zilch

Job cuts in most sectors, unprecedented in aviation, tourism and allied sectors like hotels, restaurants (except where they have home-delivery options)

The most-in-demand are doctors who have sane advice, and politicians who have their hearts in the right place- a few may still be around.

Those who keep the wheels running in these tough times, well, hats off to all of them.

I Want to Start a War

 Anything Mickey or Donald can do, I can do better. Just superior IQ. The benefits are immense, as long as I am not fighting personally. Pub...

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