In ancient Rome predictions of future events would sometimes be based on an examination of the entrails of a sacrificial animal.
Most have heard of the in-crowd. But there's another group perhaps not so well known we call the Entrail Crowd.
Simply stated, these are those economic seers who read their econometric babble and come up with forecasts. Not much has changed notwithstanding the electronic evolution. Accuracy, in most cases, turns out to be missing more often than those unfortunate children with their pictures on milk cartons.
Just make sure in this case your investments are not the sacrificial prey.
http://blogs.marketwatch.com/capitolreport/2014/04/21/seventy-two-economists-polled-and-exactly-zero-see-economy-contracting-this-year/
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