Comment by BLKNSLVR

3 days ago

I'm going to say that that's accurate when you replace 'forecasters' with 'economists'. It's why things don't change as quickly as they could, because:

- The economic data suggests..

- Economists agree that...

If it relies on history to guess the future, you're mostly going to get history as the result. Somewhat analgous to science progressing on funeral at a time.