His bank has scaled back its forecast of global economic growth to around 3.5% this year and next.
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The company has already trimmed back its dividend forecast this year, and dividend cuts often beget more dividend cuts.
On average, total public debt in the 10 countries highlighted by the researchers was 31.8 percentage points higher, as a share of GDP, in 2010 than governments had forecast back in 2007.
BBC: Debt and the crisis: How did governments get it so wrong?
Today, the pendulum has swung back to a gloomy forecast for the future.
Cornish insisted the Bison were continuing to improve despite back-to-back home defeats, and forecast new arrivals on the horizon.
Our forecast was finalized back in mid-November, on November 17th, and so is based on data through the middle of November.
Inflation, at 3.1% in the fourth quarter, is only a tad above the bank's target, and it is forecast to drop back this year.
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But even with that massive and unprecedented cancelling of the debt of a developed economy, the total debt of the Greek government is estimated by the International Monetary Fund to be falling from an eye-watering 161% of GDP in 2011 to a still totally unsustainable 153% of GDP in 2012 - from where it is forecast to bounce back to 161% of GDP next year.
Since then, the consensus forecast has been cut back by 14 cents.
Extending this forward through our forecast period, a back-of-the-envelope calculation suggests an upside of around 15% to our price estimate for NYT stock.
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Now, our estimate of growth in 2010 is virtually identical to the consensus of private forecasters surveyed by the Blue Chip Economic Indicators and is right smack in the middle of the central tendency of the Federal Reserve's Federal Open Market Committee forecast that was released back in November.
CairnGorm Mountain's operations manager Colin Matthew forecast a bumper winter sports season back in August.
However, as our forecast makes clear, the path back to full employment will take time and continued vigilance.
Shares in the Capital Radio Group rose by 7% on Thursday, on the back of the Tarrant announcement, and a forecast that the company's revenues would be higher than expected.
Rio Tinto ( RTP - news - people ) increased its forecast for iron ore production on the back of strong demand from China.
How did we forecast deflation instead of inflation in this downturn back in 1989?
While I know how to forecast and operate a service company like the back of my hand, modeling a hybrid company that provides both service and software is another story.
In August the bank's monetary-policy committee (MPC) forecast that consumer-price inflation would fall back to its official 2% target, but only after a period of economic weakness had drawn its sting.
Schering's guidance had already been cut back dramatically, while Lilly met for the quarter but forecast that 2003 earnings could be flat with 2002, representing the second year in a row of flat growth for the drugmaker.
The IEA also raised its forecast for global oil demand this year on the back of Chinese and US demand.
Iron ore prices are forecast to rise 10% this year on the back of strong demand from China and India.
While the EBITDA margins for Gillette have already declined over 2008-10 behind razors sold at highly discounted prices, we currently forecast EBITDA margins to rise gradually as consumers come back to buy blades.
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Weiss said he hopes to have Tulowitzki back in the lineup Wednesday night even though more rain showers are in the forecast.
If it spins up into a Category 4 (which is currently not forecast), that would be another biggie that would have gotten away, back in the day.
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But if this forecast is right, we could see a return to talk of being held back as England's poor relation at least as much as being the next Norway.
My own fearless forecast: After few weeks, or even just days, Asian stocks will bounce back and surge further.
Two years later, the latest forecast from the FDIC is for partly cloudy skies as the failed bank is nursed back to health and taxpayers supply liquidity to its subsidiaries.
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