Friday, December 19, 2014

Broken Watch Still Broken

Dallas News

Martin believes holiday sales will rise 3.8 percent. The National Retailer Federation says sales will increase 4.1 percent and IHS Global Insight predicts sales will increase 4.2 percent.
Sales rose 3.1 percent in each of the last two years.

Anyone see a pattern here?  


Stagflationary Mark said...

They say that a broken watch is right exactly twice a day.

Perhaps a new broken watch could be invented that runs in reverse at a parabolically increasing pace.

Think how many times per day it could be right! And it just keeps getting exactly right more and more often the longer you have it! Genius! ;)

TJandTheBear said...

There's a bull market in smug stupidity.

Cinco-X said...

Nate Silver has pointed out that amongst pollsters, there has been a trend to tailor their internal data adjustments to make their polls more closely track competing polls, thus making them potentially less accurate and potentially more misleading.