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At a time when investors say uncertainty is high and rising, economists are all forecasting similar growth next year. James Mackintosh worries that herding by economists has tended to be a sign of overconfidence.
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Economic forecasts and herd mentality
James Mackintosh on the tight range of economic forecasts
At a time when investors say uncertainty is high and rising, economists are all forecasting similar growth next year. James Mackintosh worries that herding by economists has tended to be a sign of overconfidence.
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