It's a tradition you can rely on — as regular as Thanksgiving or
Christmas, but without the messy cleanup. Yep, it's Predictions Time!
That time of year when we're about to put one in the books and look
forward to a new one...
I don't know if it's just getting older, but Thanksgiving/Christmas
do a better job of sneaking up on me every year. I've barely stopped to
look ahead at holiday schedules.
But holidays are one-off events. The stock market/economy are a
continuum, and so I am always looking at current events and attempting
to get a feel for how they will play out over the months and years
ahead.
As I've said repeatedly, stock market forecasts can be based on one
thing and one thing only: corporate earnings. As I wrote last year: (more)