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Want to Know Where the Market Is Going? Don’t Trust This, or Any, Forecast.
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Want to Know Where the Market Is Going? Don’t Trust This, or Any, Forecast.

1 min read

Wall Street stock gurus are making predictions again. Our columnist got into the game with a number he doesn’t believe.

Wall Street experts are forecasting where the S&P 500 will close at the end of the next calendar year. Why shouldn’t I do the same? You might object that I have no idea where the market is going, and you would be right. But so what? Nobody else knows... [1148 chars]

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Source: The New York Times

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