Macroeconomic Researcher Wins Blue Chip Forecasting Award
TEMPE, Ariz., Jan. 17, 2024 /PRNewswire/ -- As economic analysts continue to debate the prospects for a soft landing versus a hard fall for the U.S. economy, Michael Cosgrove, principal and founder of The Econoclast®, Inc., predicts a mild recession with more disinflation and at least 100 basis points decline in the funds rate.
- At the event, Cosgrove will be honored with the Lawrence R. Klein Award for Blue Chip Forecast Accuracy for 2023, one of the best-known and longest-standing achievements in economic forecasting.
- A livestream of the forecast and award ceremony will also be available, and is free for the public to view.
- The winner is selected based on the accuracy of forecasts published in the Blue Chip Economic Indicators newsletter, compiled and edited by Haver Analytics, Inc.
"I have participated in Blue Chip Economic Indicators for several decades and it is an honor to receive this prestigious award," says Cosgrove. - Cosgrove has been a long-term participant in Blue Chip Economic Indicators, The Wall Street Journal survey, Western Blue Chip Economic Indicators, and Pulsenomics, and had best home price forecast at Pulsenomics in 2014.