Investors looking for clarity on where stocks will go won’t find it from professional forecasters, according to an article in the LA Times. Out of 21 forecasters tracked by Bloomberg,…
Tag: Market Forecasting
Jeffrey Gundlach Says S&P 500 Will be Down in 2018
Billionaire bond manager Jeffrey Gundlach says the S&P 500 will be down at the end of this year, and doubts the long-term value of bitcoin. This according to a recent…
Forecasting is a Folly
The tendency at this time of year for those in the financial industry to make predictions about what’s to come is characterized by Bloomberg columnist Barry Ritholtz as a “prelude to…
Market Forecasting Difficult
A recent article in The Economist discusses the difficulty analysts face in forecasting returns given the current market’s stretched valuations. “Just as fund managers cannot be relied on to be…