Listeners have been beating down our doors with one question. What will the market do in 6 months? How about a year?
Earnings reports are coming out and the market doesn't like what it sees. All sorts of debates on Capital Hill are raging. Unemployment is still high. Should we batten down the hatches? Not just yet …
There are plenty of places to go on the Internet and see what people think the market is going to do. Turn your TV to Fox News, CNN, Bloomberg, or MSNBC. You will see analysts of all backgrounds telling you what to buy, what to hold, and what to sell immediately. You want the true prediction….
In 2 words, the market in 6 months will be…
Nobody Knows!
All the fortune tellers you see on TV and read on the Internet are making their (educated?) predictions for entertainment value. They keep you glued to their channel by making you fear financial Armageddon or to make you feel good with greed about the current bull market.
To hear the Smart Money Radio Show segment focused on this topic, Please Click Here! (about 7 minutes long)
To hear the full Smart Money Radio Show where Bruce discusses this topic and more, Please Click Here! (about 25 minutes long)
