48th
Accuracy Rank

ctsats

Christos Iraklis Tsatsoulis

-0.792833

Relative Brier Score

302

Forecasts

659

Upvotes
Forecasting Activity
Forecasting Calendar
 

Past Week Past Month Past Year This Season All Time
Forecasts 19 62 883 849 1658
Comments 11 46 1011 1002 1927
Questions Forecasted 17 17 39 33 73
Upvotes on Comments By This User 4 22 474 461 1549
 Definitions
New Prediction
ctsats
made their 50th forecast (view all):
Probability
Answer
0% (0%)
Less than 62%
0% (0%)
More than or equal to 62% but less than 66%
0% (0%)
More than or equal to 66% but less than 70%
100% (0%)
More than or equal to 70% but less than 74%
0% (0%)
More than or equal to 74%
Why do you think you're right?

We now have Q3 data for all OECD countries save for Iceland (data explorer).

As I have shown below, the weighting scheme used for the aggregate reading is very similar (although not identical) with the weights used by the OECD for the calculation of the global CPI. So, here is the situation regarding the OECD countries with a weight >= 2.0:



2024 Q1-Q3 average diff. approx. weight
Australia 77.1 77.15 +0.05 2.05
Canada 74.7 74.1 -0.6 2.85
France 69.0 69.4 +0.4 4.28
Germany 77.5 77.4 -0.1 6.36
Italy 62.2 62.6 +0.4 3.92
Japan 79.4 80.0 +0.6 6.78
Korea 69.5 69.8 +0.3 2.76
Mexico 63.9 63.3 -0.6 4.45
Poland 72.5 72.7 +0.2 2.00
Spain 66.1 66.8 +0.7 2.84
Türkiye 55.2 55.0 -0.2 4.38
UK 74.8 75.1 +0.3 5.15
USA 71.9 71.8 -0.1 40.28


In other news, the US reading for November also just came in at a comfortable level of 71.7 (data explorer; surprisingly enough, the October reading is still pending). I have updated accordingly the summary table below.

As I have already argued, the situation seems consistent with a scenario where the Q3 reading does not dramatically depart from the status quo of ~70.35 in either direction.

Affirming 100% for the [70, 74) bin.

Files
Why might you be wrong?

Very black swans only (or substantial revisions to data and/or the calculation methodology).

Files
New Prediction
ctsats
made their 32nd forecast (view all):
Probability
Answer
0% (0%)
Yes
100% (0%)
No
Why do you think you're right?

Time issues aside (we have only 15 days before the question's cutoff date), here is The Guardian, today:

Russia’s deputy foreign minister, Sergei Ryabkov, said Russia would not agree to troops from Nato countries operating in Ukraine “under any circumstances”. It was unclear whether that formulation also included troops drawn from Nato countries operating under a separate non-Nato command.

I am not sure why the journalist insists that "it was unclear" whether this objection also applies to NATO countries under a non-NATO command; this seems crystal clear to me, and it has been consistently repeated several times from very high level Russian officials...

Files
Why might you be wrong?

As before.

Files
New Prediction
ctsats
made their 49th forecast (view all):
Probability
Answer
0% (0%)
Less than 62%
0% (0%)
More than or equal to 62% but less than 66%
0% (0%)
More than or equal to 66% but less than 70%
100% (0%)
More than or equal to 70% but less than 74%
0% (0%)
More than or equal to 74%
Why do you think you're right?

Q3 data for a whole bunch of European countries were just released (data explorer); here is the situation so far with three of the largest EU economies (data for Italy, Poland, and the Netherlands are not available yet):


2024 Q1-Q3 average diff
France 69.0 69.4 +0.4
Germany 77.5 77.4 -0.1
Spain 66.1 66.8 +0.7


Combined with the data in my summary table below, this seems to further confirm the expectation that we will not have any dramatic departure from the current status of ~70.35 in either direction.

Affirming 100% for the bin [70, 74).

Files
Why might you be wrong?

Very black swans only.

Files
New Prediction
ctsats
made their 12th forecast (view all):
Probability
Answer
42% (+1%)
Less than $350 million
39% (+1%)
More than or equal to $350 million but less than $450 million
14% (-2%)
More than or equal to $450 million but less than $550 million
4% (0%)
More than or equal to $550 million but less than $650 million
1% (0%)
More than or equal to $650 million
Why do you think you're right?

Currently at  164.7M, with the latest addition on Dec 1.

Linear extrapolation now gives 164.7/11.5*24=344M, at the very upper levels of the lowest bin.

Adjusting accordingly.

Files
Why might you be wrong?

As before

Files
New Prediction
ctsats
made their 16th forecast (view all):
Probability
Answer
87% (+5%)
Less than $1 billion
10% (-4%)
More than or equal to $1 billion but less than $1.2 billion
2% (-1%)
More than or equal to $1.2 billion but less than $1.4 billion
1% (0%)
More than or equal to $1.4 billion but less than $1.6 billion
0% (0%)
More than or equal to $1.6 billion
Why do you think you're right?

Currently at 310.4M, with the latest addition on Dec 1.

Linear projection now gives 310.4/11.5*24=648M, still into the lowest bin.

Adjusting accordingly.

Files
Why might you be wrong?

As before

Files
New Prediction
ctsats
made their 12th forecast (view all):
Probability
Answer
38% (+1%)
Less than $350 million
38% (+1%)
More than or equal to $350 million but less than $500 million
19% (-1%)
More than or equal to $500 million but less than $650 million
4% (-1%)
More than or equal to $650 million but less than $800 million
1% (0%)
More than or equal to $800 million
Why do you think you're right?

Still at 145.7M, 11.5 months into the question. Linear extrapolation gives 145.7/11.5*24=304M, well into the lowest bin. Adjusting accordingly.

Files
Why might you be wrong?

As before.

Files
New Prediction
Why do you think you're right?

Increasing, after @geoffodlum's unearthing below of an incident from Nov 2024 which could possibly resolve the question positively should it were related to the energy or transportation sectors.

Files
Why might you be wrong?

As before

Files
New Prediction
ctsats
made their 5th forecast (view all):
Probability
Answer
0% (0%)
19
0% (0%)
18
1% (0%)
17
99% (0%)
16 or fewer
Confirmed previous forecast
Files
New Prediction
ctsats
made their 68th forecast (view all):
Probability
Answer
1% (0%)
Estonia
1% (0%)
Latvia
1% (0%)
Lithuania
Confirmed previous forecast
Files
New Prediction
Confirmed previous forecast
Files
Files
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