The papers all lead with comparing the Bank of England Forecasts with Michael Fish's forecast of no storm, perhaps the least hysterical one is in the Guardian
"
Chief economist of Bank of England admits errors in Brexit forecasting
Andrew Haldane says his profession must adapt to regain the trust of the public, claiming narrow models ignored ‘irrational behaviour’
The irrational behaviour comment is interesting, they have apparently no great grasp of the Quirks of Human nature.
I posted this comment
"
What we are observing is one illusion partially cancelling another, after all since we are no nearer leaving the EU than on day one, there should have been no real economic change.
Speculation has fuelled the fall in the pound, a chance to make a killing.
Then the public sensed that the good times are not going to last and went on a spending spree, giving the illusion to those who wish to see it of a Booming economy.
It is the same economy as the circumstances have not changed, have they?
And this will still be true until we actually leave the EU.
Prices have risen and will change the long term picture, as stocks are consumed and replaced at higher cost, which will be passed on
All the major economic players are still on the board, but if they leave, then we shall see.
In the meantime we have the "Brexit live now you can't afford it later boom"
Naturally this is only my opinion, but then I flatter myself that I am, like everyone else capable of having an opinion, which in my case is based on personal observation not propaganda in the media, and that is not such a common event unfortunately