Theory is often upset by reality, as our intrepid analyst Gary Jenkins has found throughout his career. Thinking about the latest paper from the Bank of England’s Andrew Haldane, he observes that a small tweak of the data leads to a very different result.
Sometimes people ask me the question: "How did you become an analyst?" Well, like all people of my generation, I learnt the art of analysis at a Tibetan monastery where the days were long and full of learning. There was a Zen-like approach to the wonderful art and
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