Cassandra retires
Forecasting farewell
WELCOME to the year of the horse. The Chinese calendar has run its annual cycle and Cassandra finds herself writing her final predictive post on the first day of China’s new year. Perhaps this is appropriate: according to Semisonic, “every new beginning comes from some other beginning’s end”.
Cassandra hopes that the year of the horse brings prosperity, as horoscopes declare it should. Signs so far are good: in recent weeks the IMF raised its forecast for global growth by 0.1 percentage points, to 3.7%. American and Britain are looking stronger than previously thought—though emerging markets are another story.
Now, however, it is time to stop predicting and to start analysing.
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