December 1997: "Now that you know there's limited upside potential for stocks, what to do?"
From December 1997 through the beginning of 2000 stocks went up in almost a straight line. The return on the S&P 500 from Dec 97 to Dec 99 was over 50%.
The purpose of this blog is to collect and record examples of the numerous predictions, forecasts, etc... that turned out to be hopelessly wrong.
Please feel free to submit any examples of bad forecasts, with additional evidence of the forecast error if possible, unless its wildly obvious like a prediction that 'the world will end in 1985'. Send any submissions to BadPredictions-at-gmail-dot-com.
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