The False Promises Of Economic Forecasting (Newly Exposed By The ‘Tariff Whiplash')
1. Economists' forecasts are volatile and unreliable, hindering decision-making. 2. Forecasts often lag behind real economic changes, misguiding investors. 3. Investor sentiment shifted dramatically between optimism and pessimism in 2025. 4. Strong economic fundamentals contradict earlier recession predictions, supporting market growth. 5. Traditional forecasting methods need reassessment due to frequent inaccuracies.