8 May 2013
No Stock Bubble, but Crash may come later
So speaks a 'Celebrity' economist. It is not unusual for market pundits to hedge their outlook in a similar fashion and leaving the hard decision to the investor. Forecasting is difficult - especially if it is about the future. So we have some sympathy for the 'experts' that are constantly badgered by the media to have view on the markets on a daily basis. But investors are well-advised to hedge against any market development by using intelligent risk management when investing for the long term and not be distracted by what is in essence public relations and/or entertainment.
Labels:
Experts,
Financial Media,
Forecasts