Remember the Brexit crash? Probably not, as it was all over in a flash, and markets are now well above their pre Brexit level.
All of this happened despite predictions of woe by high profile “experts” who looked and sounded good in short grabs on the television and in the press. They had the ability (or more accurately “seemed” to have the ability) to cut through all the complexities and bundle everything into a few well turned phrases.
However, these forecasts of doom have joined the long list of failed forecasts.
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