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How to Forecast the Future

Odd Lots

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Forecasting in Uncertain Times

This chapter explores the intricate dynamics of economic forecasting amidst rising anxieties about recession. The speakers discuss the challenges of making accurate predictions, including psychological biases and the tendency for overconfidence among experts. As they dissect the methodologies and metrics for evaluating these forecasts, they highlight the ongoing struggle to balance informative predictions with the reality of an unpredictable market.

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