Part 2/10:
The unexpected accuracy of current figures prompts a reflection on the credibility of the economic pundits. The host questions how the so-called experts could be so spectacularly wrong, implying that their forecasts are often biased or misinformed. The guest responds by suggesting that such inaccuracies are common, especially when it comes to predictions about Donald Trump. He notes that economists often disagree about almost everything, and the media tend to cherry-pick opinions that fit a narrative of doom. As a result, those forecasting trouble often end up looking foolish in light of the actual data.