“My broad advice is to concentrate on individual issues as opposed to trying to predict where the market is going. Making market calls is of very little value whatsoever.”
“It's like predicting the market. You like to see someone else's analysis of what might happen.”
“If the market can predict the Fed's policy actions, then it must be the case that Fed policy follows a rule, or policy regularity or some sort,”
“The problem is that the stock market tends to predict downturns or upturns too early. The common joke is that the stock market predicted 11 out of the last nine recessions.”
Sung Won Sohn
“The problem is that the stock market tends to predict downturns or upturns too early. The common joke is that the stock market predicted 11 out of the last 9 recessions.”
“Positively, ... Is my budget in jeopardy? Yes. I predicted a $1.80 cost per gallon without predicting gas going up more than 20 cents because of a hurricane.”
“I think the spike in permits, in retrospect, should have been somewhat predictable. But the strength of the housing market throughout the year was surprising.”
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