The Perils of Market Forecasting

By Jack Forehand (@practicalquant) — It’s that time of year again. The time of year where all the market experts make their 2020 predictions. You will see countless forecasts about…

10 Forecasting Guidelines

A recent article in CFA Institute provides a list of ten guidelines to use when making economic forecasts: Data matters: “Always base your forecasts on data, not qualitative arguments.” Data-mining…

Beware of Expert Forecasts

A recent CFA Institute article argues that “not even the most credible forecasters can time the market profitably with any consistency,” noting that celebrated economists and market pundits are fallible…