By the way linear extrapolation of a recent trend is the way most people forecast which is why forecasts are often wrong. (View Post)

Only 6 months ago people were talking about a wipeout worse than 1997. Bottom line is tories have had a mild counter trend bounce and people are extrapolating it linearly into the future. (View Post)

Great post. Lets say a govt pledged to reduce house prices. Beneficial yes but you would immediately lose the votes of retired and middle aged people who own outright plus younger people with mortgag… (View Post)