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Okay, this is Nuts


Uccmal
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It almost seems like if you're a run of the mill analyst for oil or some other commodity there is a lot of incentive to toss out an estimate that is vastly different from the "consensus". Heck you might be wrong 9/10 but if you're right once you're that guy who called the oil collapse correctly. It's funny how little deviation there was in analyst predictions in that first graph they show.

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It's good to see Bloomberg doing this. The media so rarely calls out the forecasters.  Everybody usually has a goldfish memory.

 

+1. Recently I read two separate articles about the 2015 price of oil--one predicted $20 and one predicted $120. And both had perfectly logical assumptions. Exactly why I've been working on avoiding this type of stuff altogether, no one knows.

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It's good to see Bloomberg doing this. The media so rarely calls out the forecasters.  Everybody usually has a goldfish memory.

 

More like filleted fish memory--It's either old, stinky and quickly discarded or fried and gone. 8)

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