Feb 8·edited Feb 8

The only tangible economic effect from leaving the EU has been a permanent devaluation in the pound and even that has been lost in the noise of dollar strength vs all major economies.

Everything else (including Mark Carney's nonsense) is simply hot air and confirmation bias until a statistically significant economic opinion can be formed which cannot be done in three years.

We should expect to see some relatively small economic impact due to trade friction with the EU and that is it. The OBR estimated this (taking an average of a basket of economic forecasts) at 4% of GDP in 15 years. That assessment is still valid.

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A great demonstration of how data can be interpreted differently. Especially when there are many complex parameters.

We should always question and investigate, even when up against an expert.

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