Monthly Archives: January 2017

‘times of uncertainty and danger’

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Uncertainty is on the raise and under our eyes. Everybody can feel it. Even a small dose of it. Perhaps, it is due to a huge list of ongoing activities that we might explain slow through the week:

Restrictions travel to and from the United States

Protests around the world, including in American soil and European soil

Inflation and Deflation at the same time

Rise of Corruption involving private companies – The oher side of the capitalism

Lobbying – Isn’t the same as corruption?

Increase cost of Health Care – We will all pay for it


Heat Waves

Lack of Transparency

Baby Boomers retaining their jobs


House price crisis


All these things together, and even isolated, are increasing our level of uncertanty on a daily basis. It is changing the way we are thinking and trusting in companies, enterprises, schooling and in our financial. A new approach is in need to start soon as the old fashion Chicago school does not work anymore to us. Good Luck to all of us. And, always remember that the world was not made only for you maintaining one’s faith above the torment of doubts.



Everything about forecast

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I am going to outline forecast following 11 fundamental questions:

  • What is forecast?
  • What can be forecast?
  • How confident can we be in forecasts?
  • How is forecast done in generally?
  • How is forecast done by economists?
  • How can one measure the success or failure of forecasts?
  • How does one analyse the properties of forecast methods?
  • What special data distinct attributes matter most?
  • What are the main problems with forecasting?
  • Do these problems have potential solutions?
  • What is the future of economic forecast?

Let’s go deeper in our analysis and find out some answers in how to understand a forecast. Just click in the link below:

Understanding Forecast



A guide to models