Brexit fallout: markets v economists

Rarely have economists and markets seemed as much at odds as they do today over one of the biggest issues facing the UK — the country’s prospects after its vote to leave the EU.
Despite predictions of recession from both the Treasury and many mainstream economists, economic indicators in recent weeks have consistently been better than expectations.
Some market bulls have hailed a “Brexit bounce” — a triumph for British resilience in the face of misplaced warnings.

Despite predictions of recession from both the Treasury and many mainstream economists, economic indicators in recent weeks have consistently been better than expectations. Please click here to continue reading this article.