By Jack Forehand, CFA, CFP® (@practicalquant) — We have just reached the end of 2021 annual forecasting season. It is the time of year when market strategists tell you where the market will…
Tag: forecasting
Wall Street Forecasters Are At It Again for 2021
Despite decades of academic research showing that “nobody can reliably and accurately forecast what the stock market will do,” a recent article in the New York Times reports that Wall…
Excess Returns: Episode 8: Perils of Market Forecasting
We have just completed market prediction season. It’s the time of year where there are countless forecasts about what the economy will do in the new year. Its when experts…
Stock Market Forecasts are Mostly Worthless
A recent article in The New York Times suggests ignoring the predictions of Wall Street strategists in favor of investing in cheap, diversified index funds. “Strategists, some of whom are…
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…