No Bear Market says Cooperman

Leon Cooperman of Omega Advisors doesn’t think a bear market is coming. He quoted Sir John Templeton: “Bull markets are born on pessimism, grow on skepticism, mature on optimism, and…

Is Long-Term Forecasting Valuable?

A Financial Times article highlights and challenges the common practice of long-term forecasting. Opening with a George Eliot quote – “Among all forms of mistake, prophesy is the most gratuitous”…