In late August, I began writing a post: “An Optimistic Scenario for the Stock Market and the Economy.” Because of the difficulty (bordering on impossibility) of predicting the stock market, I waited until I saw some evidence of a move up to post my predictions, which I did on September 9, 2010: Typically, a Democratic […]
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An Optimistic Scenario for the Stock Market and the Economy
Predicting the stock market is either impossible or extraordinarily difficult, so I generally refrain from doing so — in print. Even apparently successful investors who trade daily or weekly are wrong nearly as often as they are right. So with the caveat that the chances of my being right are at best not appreciably better […]