LONDON, ENGLAND--(Marketwired - Jan 14, 2015) - In recent years, forecasters have been highly successful in generating a lot of noise when it comes to making market predictions. Time and again, major world governments are reduced to a blind panic on hearing of an impending disaster or market crash, yet there is agreement in some sections of the industry that these predictions are less than scientific. In a new special report, World Finance looks at the problem with predictions.
Numerous and complex mathematical models exist to predict any sudden turns in financial markets, yet the science - if it exists at all - is imprecise, and, despite what many claim, no person has been able to make predictions with absolute certainty. By looking at the different models that exist and how they have brought success and failure in the past, the World Finance special report analyses the difficulties associated with predicting the unpredictable.
Also in the new issue of World Finance, we look at the "fail fast, fail often" mantra of tech start-ups, how the tables are turning on digital music, and the changing relationship millennials have with the financial services sector.
The January-February issue also contains the World Finance 100 2014, which showcases the 100 most influential companies and individuals from last year, delving into what they've contributed to each of their respective industries, and to the global economy as a whole.
For a look a the biggest stories in banking, wealth management, markets, infrastructure and strategy, the new issue of World Finance is available in print and online now.
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