My 1979 dissertation was a model relating interannual and interseasonal variations in the shape of the atmosphere, as reflected by the surface barometric pressure field, to variations crop yields across the United States.
"The sustained pressure on consumer spending was reflected in our like-for-like sales performance, which was not as good as it should have been, " Mr Philips said.
We think the U.S. slowdown and global credit market disruptions will pressure earnings, equity prices, commodities and foreign growth more than is reflected in the current consensus.