Australia’s business economists have run into a bit of rough trot with their forecasts for major economic statistics. In the past week they have been wide of the mark, in fact very wide of the mark, on a series of major figures from the ABS, writes Glenn Dyer.
Market economists
You say AE and I say FME …let’s call the whole thing Medianomics
The economics profession is divided into two tribes, the Academic Economists and Financial Market Economists. And in the media, it’s the latter who dominate — to the public’s detriment, says Humphrey McQueen.
