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
investorpolitico 