Each December, economists make predictions. And each new year, they get hit by unexpected events that make them look more clueless than prescient.
This year's bolt out of the blue was the plunge in oil's price, which no one saw coming.
Still, top economists' forecasts did get a lot right for 2014. One year ago, most were predicting healthy growth, tame inflation, low interest rates, rising stock prices and declining unemployment — and that's just what we got.