by It’s the time of the year when financial advisors feel obliged to produce forecasts for the coming year. This is often a waste of time, for the writers and the readers. In the Wall Street Journal, James Mackintosh writes that [f]orecasting is difficult, but this year showed exactly how pointless it can be: Markets performed opposite of virtually all predictions. Previous blog post.
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It’s the time of the year when financial advisors feel obliged to produce forecasts for the coming year. This is often a waste of time, for the writers and the readers.
In the Wall Street Journal, James Mackintosh writes that
[f]orecasting is difficult, but this year showed exactly how pointless it can be: Markets performed opposite of virtually all predictions.
Previous blog post.