UK Economy Contracts for Record Six Straight Quarters – The Questions is does this come as a surprise to anyone?

Apparently not a single analyst out of the 35 polled by Reuters before the data had expected a negative reading in fact they were expecting the economy to grow by 0.2 %. I mean…. what ? The reality is we have been expecting and forecasting a contraction so as far as we are concerned no surprises there. Absolutely NOT! It’s mostly analysis based on common sense really. One doesn’t have to be a...