The doom and gloom predictions did cause the £ the stock markets to tumble as soon as the out vote was announced stock markets now booming the £ recovered to the level that it should be v the dollar as Osborne inflated itv the Euro yes a drop expected that - no economy over the cliff as predicted!
Apology from the BOE excepted who will get sacked no one!
As I've mentioned previously, I work day-in-day-out to model and understand highly complex esoteric biological data. I don't yet consider myself an "expert", but even I know and understand that even the best modelling techniques will sometimes (and fairly consistently) throw up anomalies. Anything coming out of a predictive model should be taken with a little consideration, but at the end of the day - it usually points toward the most likely outcome.
In this case, it's impossible to really say if any of them were correct - seeing as we've yet to trigger Article 50, never mind leave the EU.
The predictions regarding an "immediate" recession were daft to make, I agree - but I think it's important that we, as a nation, don't fall into the retched dogma of being in anyway dismissive of educated opinions on matters - however big or small.
