GYC Insights
Articles on real-life financial issues written to educate and enlighten.
So Here's the Market Outlook for 2024
Most forecasts by well-known financial institutions for 2023 early last year were gloomy and foreboding, and ended up being way off the mark, with global stocks ended the year at +20%. So what should we expect in 2024?
Why Do We Still Listen to Forecasts?
Many people listen to the forecasts because to them, getting it right could mean a windfall and a false sense of certainty to something which is highly unknowable.
Worries Abound, But Investment Returns Will Still Come
While negative returns are part and parcel of investing, it happens less often than you think. The past four years are actually very representative of how markets work in general — positive returns 75% of the time, and losses, 1 out of 4 times.
Back to The Future
In the movie Back to the Future II, Biff travelled back in time to give himself a copy of a sports book which listed the results of every major sporting event for 50 years. How often have we wished we had something similar for investing — would having such an object enable you to invest better though?
What Will Happen in 2021?
Have you read the market outlook for 2021 yet? For as long as financial institutions have been around, you can be sure that they always have some sort of an investment outlook for the coming year. Why is that so?
Our 'Market Forecast' for 2019
Expert market forecasters have an average accuracy of only 45%. Why do you still want to listen to them?