Economic reality confounds the gloomsters

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Business journalist and economic pundit Jeff Randall bashes business journalists and economic pundits for failing to recognise the green shoots of recovery, and bemoans the “counsel of despair” that seems to have enveloped most media organisations. With such a maelstrom of data and analysis emerging every day, The Loadstar remains firmly straddling the fence – predicting the economic future appears to be like eternally playing heads ‘n’ tails, but it is refreshing to read something optimistic for a change.