On February 16, 2018 I published the following article titled, “Not To Scare The Children, But…” with the following chart. To wit:
It was during this time, then heavily endorsed further, that the following prognostications were bandied about, along with reasoning for exactly why the “February Scare” was a one-off event and the following year-end predictions were stated as if written in stone. Again, to wit:
Let’s see how things are shaping up shall we? Again, to wit:
The only difference between my forecast and all the others is that I have not changed mine throughout the year, even in the face of what everyone seemed to imply as “a bull market that has room to run for years.”
Or maybe there is another difference. It would appear the only one proven correct is the one not selling fairytales on TV.
Or maybe the following sums it up best. Once again, to wit:
“It is difficult to get a man to understand something when his salary depends upon his not understanding it.”Upton Sinclair
But what do I know.
© 2018 Mark St.Cyr