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All Brexit economic forecasts were wrong, British minister says

From reuters.com

Brexit minister David Davis rekindled a debate about the credibility of the government’s own forecasts by saying on Thursday that every economic prediction on the British economy since the EU referendum has been wrong. Davis made the comments in parliament after being asked about leaked analysis, drawn up by government officials, which suggests Britain would be worse off after Brexit under a wide range of potential scenarios. He questioned the value of such research, saying the work is “incredibly difficult” and that every institution that had tried it had failed. “Every forecasting model on the performance on the ... (full story)

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  • Category: Fundamental Analysis