FYI: Here’s a story about how difficult it is to predict markets in the short-term.
Earlier this year I was working on a piece for Bloomberg. I started pulling on a string with an idea in early January. Stocks were already up 4-5% on the year and that’s following 2017 which saw returns in excess of 20% with little-to-no volatility to speak of.
Regards,
Ted
http://awealthofcommonsense.com/2018/09/revisiting-the-melt-up-scenario/
