Guest blog: Brexit - Predictions of Economic Doom Show Why People Ignore "Experts"
06Feb2020
[Economists have considerable value, but seldom with relevance to your investing, as I have highlighted many times before. They are either trying to predict market outcomes, or predict economic events which they believe will have very specific outcomes for investment markets. Their record for predicting either is shocking, and that is absolutely clear, and here Ryan McMaken looks at this in the context of Brexit. Where you might disagree with Ryan is his views on the EU edifice – that is relevant to you as potential investors in Europe and I will return to that angle next week. BD]
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Market commentary