Contarian scenarios could upset market consensus for 2021

Financial Times/ Robin Wigglesworth/11-30-2020

“When someone turns out to have nailed a prediction for where bond yields or the stock market are heading it is often more down to luck than forecasting ability.”

USAGOLD note: Wigglesworth offers caution and perspective with respect to the “tsunami” of forecasts that deluge markets this time of year. After all, how many could have predicted the pandemic and its economic ill effects this time last year? A quick, interesting read ……

Repost from 11-30-2020

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