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Home Posts bank forecasts

Why Large Bank Forecasts are Rarely Correct

sspencer01/24/2015Steven Spencer (Steve's) BlogsLeave a Comment

I made this short video discussing some of the reasons the headline forecasts for large Wall Street banks are rarely correct. The question you should ask yourself is why do they continue to make them? Most investors are attracted to confidence and certainty. Banks can project these two things partly by stating matter of factly the market will be at … Read More

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