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Economic Reality Best Forecaster Economic Reality Best Forecaster
AP analysis notes forecasters are human and often wrong, yet driven by ego and models. It cites Merrill Lynch, Heller, and Carter era perspectives, plus biases, methods, and the persistence of consensus forecasts despite events. It also briefly mentions large snakes and presidential marriages to illustrate varied facts.
MENTIONED IN THIS ARTICLE
John Cunniff
New York
Albert Cox
Merrill Lynch Economics
Walter Heller
Council of Economic Advisers
Jimmy Carter
Citrus Belt
George Meany