Bloomberg ranked forecasters based on the average rank of their forecasts for 15 key monthly indicators, including consumer confidence, durable goods orders, existing home sales, housing starts, nonfram payrolls and personal income, among others. Bloomberg considered monthly indicator data from May 31, 2014, through May 31, 2016. To qualify, forecasters met at least 15 out of 24 forecasts, had a minimum of two consecutive forecasts within the last six months and at least one forecast in the last three periods.
Here are four things to know about the rankings.
1. Christophe Barraud of London-based Market Securities took the top spot.
2. New York-based Citigroup’s Peter D’Antonio scored an average of 55.32 and held the 20th ranking.
3. Michael Feroli of New York-based JPMorgan Chase and Jan Hatzius of New York-based Goldman Sachs were seventh and ninth on the list, respectively.
4. At least 65 forecasters qualified for the list.
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