February 9, 2013 — Although dreaming is one of those “soft” skills few respectable economists will admit to being curious about, their very industry depends on correctly capturing and correctly assessing key aspects of the future in order to make profitable investment decisions. Isn’t “investing” simply buying “today” what will have greater value at some time in the “future?” So this morning we’ll have a deep poke and prod at this soft-squishy stuff that arrives at the moment of touch; when all potential alternatives coalesce into Now. Since we’ve had a bunch of earthquakes in the South Pacific (more on them in a moment) we could be meandering toward what predictive linguistics suggests could be a Global Coastal Event in our future: this year. But practical matters first. Coffee, headlines, and charts.