Economists are supposed to predict the future, but how do they actually do it? And how accurate are those forecasts, really?
In this episode, Ed and Andrew sit down with Sharon Zollner, Chief Economist at ANZ New Zealand, to reveal how economists build (and sometimes miss) their predictions.
You’ll learn:
- The maths, data, and gut instinct that go into a forecast
- Why house sales, interest rates, and migration are key to predicting property trends
- The biggest mistakes economists (and investors) make when reading the market
Ed and Andrew also ask Sharon about her latest ANZ forecasts, whether NZ’s economy has truly turned a corner, and why house prices still shape how Kiwis feel about money.
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