Does anyone who makes predictions in the financial news media know anything? Lots of headlines are making predictions so why not add some perspective from past bear markets (and bull markets) where many things’ people say never came true. Why investors make bad decisions due to news. How investors opt to stay in cash even as markets firm up. We’ll go through some past predictions to see how the mood sways at different points in cycles.
What the financial media is saying
New estimates and predictions are taking a bearish tone
Reading prior headlines from several periods show predictions aren’t worth that much
Why investors tend to shy away from markets even when things are cheaper
How analyst estimates can be wrong while the market focuses on the forward PE ratio
Mentioned in this Episode:
Why hedging is the answer for investors https://podcasts.apple.com/us/podcast/why-hedging-is-the-answer-for-portfolios-can-hedgers/id1432836154?i=1000578323267
Is the strong us dollar a problem? https://podcasts.apple.com/us/podcast/is-the-strong-us-dollar-a-problem/id1432836154?i=1000571388439
Derek Moore’s book Broken Pie Chart https://www.amazon.com/Broken-Pie-Chart-Investment-Portfolio/dp/1787435547/ref=sr_1_1?keywords=broken+pie+chart&qid=1558722226&s=books&sr=1-1-catcorr
Contact Derek derek.moore@zegafinancial.com