Saturday, October 14, 2017

Boring, Boring, Boring, Crash

It has to be more fun writing for a stock market web site like MarketWatch.com.  Seems like every day they have a column suggesting  an imminent stock market crash, and at least one other column talking about likely explosive growth in stock prices.  Both can't be right, but you'll seldom see an article with a title like: "Wow, we were dead wrong 6 months ago! "

Stock market news sites also seem to carry few articles expecting the market to go up or down a measly few percent over the next half year -- even though that is what usually happens.

So, please give me a few 'pity points'  for posting quite boring ,mildly positive forecasts month after month.  They have been pretty accurate, but still boring. Add a few more pity points because the economic factors I look at suggest a couple more years of boringly positive stock market behavior.

Worse still, when these 6 month stock market forecasts eventually turn sharply negative, both of my loyal readers will almost certainly think I have gone nuts.  Most likely the stock market still will be surging up, but my six month forecasts will be screaming that the sky will soon be falling. Month after month.  I expect to appear quite foolish.

Then, thud.

1 comment:

  1. Boring is MUCH better than being "dead wrong 6 months ago".

    ReplyDelete