"Each year, in my last Economic View before Christmas, I try to shed some light on economic events of the previous 12 months by comparing what has actually happened with expectations published here in early January. This year, even more than usual, reading back through January's predictions has been a shock. Almost all have turned out to be wrong."
Anatole Kaletsky, The Times, 18th December 2006
"My last article of every year looks back on the predictions I made in early January to shed some light on the events of the previous 12 months. This is nearly always a humbling experience, and this year it is even more so than usual."
Anatole Kaletsky, The Times, 31st December 2007
"In the last Economic View every year, I look back at what I predicted here in early January, to try to shed light on the events of the previous 12 months. This is nearly always a humbling experience...This year, however, the routinely humbling experience has turned into a ritual humiliation. How else can I describe the public confession that I am now compelled to make: I hereby confess that on or about 14 January 2008, acting of my own free will, not under the influence of any drug and aware of the consequences of my actions, I wrote the following statement in the Times: 'The global credit crisis, far from taking a turn for the worse, is now almost over' and 'There will be no US recession' and 'Stock markets around the world will rise in 2008'...I must apologise to anyone misled by my analysis."
Anatole Kaletsky, The Times, 29th December 2008
I predicted just three weeks ago that we were in for "a prolonged period of glorious sunshine". I based this prediction on a concentrated expert reading of a similar three-week period last summer. On reflection, I suppose I should have made myself clearer by readjusting my initial prediction to make it clear that what I meant was that we were in for "a prolonged period of snow, sleet and ice". I was right in theory, though not, strictly speaking, in practice. But it is not the job of the theorist to get tangled up in the details. Rather, it is his job to look at the broader picture, and, quite frankly, I would be most surprised if, looking further ahead, we did not enjoy a bit of sunshine before the year is over.
attributed to Anatole Kaletsky by Craig Brown in
Private Eye, 21st February 2009
We regret that in the present economic downturn we must let Andrι go.
Anatole Kaletesky's prediction for 2009...or not
