From the editor
Aug 12, 2022
2 minutes
Andrew Van Sickle editor@moneyweek.com
“The only function of economic forecasting is to make astrology look respectable,” said JK Galbraith. Predictions about stockmarkets, earnings or macroeconomic trends can be safely ignored, especially if you are a picky Virgo like me.
That is why we haven’t been too fazed by the Bank of England’s forecast of a 15-month recession. Its record
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