GLOBAL - No economic model or financial forecast will accurately predict what happens in the next six to 12 months - except by pure chance, European Public Real Estate Association (EPRA) economic commentator Anatole Kalesky has claimed.
In his first quarterly forecast for the association, Kalesky explained all quantitative models are based on past experience - and hence they cannot consider market forces such as zero interest rate...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
