The end of the year is always an opportunity to take stock of what we achieved over the last 12 months.
Money Morning's Michael Lewitt made a lot of predictions about markets, sectors, and individual stocks in 2015 - always aiming to make calls that are forward-looking, actionable, and accurate.
For example, he projected the collapse of Valeant Pharmaceuticals, and many readers made serious profits off of his short recommendation.
The end of the year is always an opportunity to take stock of what we achieved over the last 12 months.
Money Morning's Michael Lewitt made a lot of predictions about markets, sectors, and individual stocks in 2015 - always aiming to make calls that are forward-looking, actionable, and accurate.
For example, he projected the collapse of Valeant Pharmaceuticals, and many readers made serious profits off of his short recommendation.
Here's how his other 2015 market predictions panned out...
Each January, we hear a chorus of pundits making predictions about where the markets will go in the 12 months ahead. The number and volume level of the "predictions" is matched only by the utter lack of evidence to back them up.
These talking heads will be the first to shout "I told you so!" But when they get it wrong, well... the silence is deafening. Their predictions are of little use to us.
But predictions themselves can be very useful. Making a well-reasoned prediction can be a great way to crystallize your thinking on important issues. It's also a good filter that can help you select which trends and sectors to embrace - and which to avoid - over the year ahead.
