This forecast, in general, assumes that the economy will continue to grow modestly, bolstering corporate earnings.
As for the forecast slash in general?
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This was no mere statistic or forecast or description of the general state of the economy.
The business is just too unpredictable for even the players to forecast more than trend and general direction.
The same pollsters who give him such a hard time, he says, got it badly wrong last year: they had forecast, shortly before the general election, that Mr Guterres would win a bigger majority than Mr Cavaco Silva had held.
In fact, General Motors recently confirmed that it had revised its production forecast for 2002 up from 5.1m to 5.4m vehicles.
Similarly, we now expect that about 14% of international retail spending on electronics and general merchandise will occur online by the end of our forecast period, which is up from 8% estimated earlier.
Automotive stocks will bear watching, after General Motors reported third-quarter results that easily beat the consensus forecast Wednesday morning.
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"The forecast for this winter is a continued quiet sun, in general, " he said.
In corporate news this week, Dollar General (DG) reported that profits were higher, and raised its full year earnings forecast.
We now expect that nearly 26% of retail spending on electronics and general merchandise in the U.S. will occur online by the end of our forecast period, which is up from 16% estimated earlier.
While Tesla will help Nvidia to fend off market share losses, the general growth in high-end computing may end up stimulating market growth higher than we forecast leading to potential upside to our price estimate.
General consumption in the basin will increase by 25% in the next 25 years, according to a forecast by a consultant to the commission.
Ali Rodriguez, the oil cartel's secretary-general, said on Monday there was "almost a conviction" among its members to cut production ahead of a forecast drop in demand in the second quarter of the year.
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