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Market Forecasters Got It Wrong Last Year. It Wasn’t the First Time.

Por: MarketWatch Business January 15, 2024

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Why so wrong? Sometimes, stuff just happens. Wars, pandemics, natural disasters—hard-to-predict events that shatter preconceived notions, often rendering previous predictions moot. Recall the world before and after .  Other times economists get it wrong for all the right reasons, as in 2023. “Forecasters had adequate reason to expect a hard landing, given Fed tightening and the past record that suggested that pulling off a soft landing is... + full article



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