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- 10% corrections could be coming/ 2020 outlooks - couple of reads

https://www.archyworldys.com/10-correction-could-be-coming-wells-fargo-warns/

couple of interesting reads/
10% corrections could be coming
2020 outlook


By the end of the year and the decade, Wall Street's strategists are delivering on their expectations of where the stock market will close 2020.

Comments


  • "could be" is a phrase that should be banned by Wall Street 'analysts'

    Things have been reported to "could be" happening all the time but have yet to pan out - or pan out *significantly* .... hence the rise of perma-bears and perma-bulls.

    My rule of thumb, learned through trial and error over the years as both an investor and trader: "Markets will fluctuate, be agile, smart, and plan accordingly."

  • @rforno - precisely! Have a plan and go about your life. One only needs to look at the track record of forecasts and/or forecasters to realize that flipping a coin may be just as accurate.
  • If you get "paid" by the write,you'd better write (something) I guess I'd call it Financial Porn !
    Happy Holidays to all, Derf
  • Hi Sirs:

    I do believe many financial advisors/firms get paid highly under the table for funds or stocks they do advise. Many do give maybe false data so investors may pick their MFs/ETFs or stocks.

    Probably best do your diligence research before jumping into any thoughtful tradeing activities
  • @johnN That last comment you made go's along with. "buyer beware!''
    Ho Ho Ho, Derf
  • "The essence of investment management is the management of risks, not the management of returns. Well-managed portfolios start with this precept.”
    — Benjamin Graham
  • Title likes that qualify as "click-bait". It is a joke at best.
  • edited December 2019
    Sven said:

    Title likes that qualify as "click-bait". It is a joke at best.

    No disrespect intended, but titles like that are well received by inexperienced investors who may not have been around the block a few times. I recall grabbing an occasional copy of “Money” off the supermarket racks - Oh, some 25 years ago - and eagerly devouring those type stories.

    We really haven’t experienced a serious market hiccup or burp since early ‘09 (and 10% either way hardly qualifies as anything to get excited about). I think it was Justice Potter Stewart who, after having difficulty defining pornography, simply stated: “I know it when I see it.” Likewise, rather than reading frightening magazine articles, everyone will recognize the next 25% one-day plunge or 40-50% yearly decline when they see it.
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