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Seeking Alpha (December 11)

2023/ 12/ 12 by jd in Global News

“As markets gear up for major central bank meetings this week, starting with the Federal Reserve on Dec.12-13, all eyes will closely watch for any change in the policymakers’ tone to predict when rate cuts will begin and by how much.” The consensus is that the Fed keep “federal funds target range steady,” with “rate cuts starting in May.”

 

New York Times (October 3)

2022/ 10/ 05 by jd in Global News

“Hurricanes and recessions are alike in many ways,” and we might be able to understand both better by thinking about the other. Both phenomena “cause enormous damage,” “are hard to predict” and “depend on feedback effects,” but “a recession doesn’t leave yachts stacked up on shore like a child’s toys.” Still, the damage from a recession can be just “as severe and is certainly more widely spread than a hurricane’s. Hang on to your hat.”

 

Chicago Tribune (November 1)

2017/ 11/ 02 by jd in Global News

“So the pattern established oceans away now visits America,” specifically New York, where “terror by the ton” disrupted what should have been a delightful Halloween. “We don’t know if this suspect was heeding an Islamic State call to attack trick-or-treaters on Halloween. Or if only his own twisted thinking drove him,” but we have “seen enough of these car and truck attacks—in London, Nice, Stockholm, Berlin—to know they are all but impossible to predict or prevent.”

 

New York Times (April 19)

2016/ 04/ 20 by jd in Global News

“Civilization’s understanding of Earth has expanded enormously in recent decades, making humanity safer and more prosperous.” But a new “dark age is a growing possibility” as our ability to predict future weather patterns is disrupted by climate change. Without the ability to accurately forecast long-term phenomena, “we will face huge challenges feeding a growing population and prospering within our planet’s finite resources.”

 

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