Every year market pundits and media set out to predict the future. As you would expect (or maybe you wouldn’t?), their success rate falls short of a great batting average. But despite all this, they come back each year to repeat the exercise. Once again, we join the rank and file with some less outlandish market predictions for the year.
Hopefully, our success rate is slightly better than most. If last year was any indication, it will be better than .500.
Before we get started, I’ll dispense with the legalize. None of these predictions should be viewed as facts. This exercise is for entertainment purposes only. To be clear no math or statistical data analysis was used in any way. In fact, no thought went into this whatsoever. We wasted all our time coming up with solid ways to eliminate conscious thought in the predictive process: rock paper scissors, counting out rhymes, darts and a magic eight ball were just a few. In the end we flipped a coin. And the results speak for themselves.
With that over with, let’s get onto the predictions! Continue Reading…
It’s safe to say the stock market has been kind to investors this year. The S&P 500 is up about 17% with a handful of trading days left. A great year for any investor. Still, the S&P is just an average with many outliers. Which brings us to the 2012 Best and Worst Market Awards. A collection of outliers that helped form the S&P 500 performance for the year.
With tax time right around the corner, it’s always good to have the important tax deadlines marked on your calendar before you