Beware of Goldman Sachs 2017 prediction

Posted: November 18, 2016 in Uncategorized

In 2016, GS had to abandon 5 of its 6 prediction for the year by March. This follows such a common path of the GS predictions that sometime I even think there is a malicious intent.

Whatever it is …usually works!

That is a constant “contrarian” for me – usually right.

For 2017 their main predictions are:

-Returns slightly higher

-Fiscal Policy Pro growth

-US Trade Policy overdone

-Emerging Markets will be OK

-Chinese Yuan continues depreciating

-Credit creation and a kinder and gentler cycle overall

-More revenue for corporation

-higher inflation

-More aggressive Fed behavior

Now historically 70% of these calls prove wrong by March…choose your pick arefully

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