Check out these predictions on 2006 that Never Came to pass.... Just goes to show you so often the "so called experts" don't know what they are talking about....http://www.businessweek.com/bwdaily/dnflash/content/dec2006/db20061229_154029.htm?chan=top+news_top+news+index_businessweek+exclusivesI expect follow-ons from the crew here...Happy 2007!Dave
I'll never get Bill Miller. An intelligent guy who, for whatever reason, has set himself up for a lesser legacy than what he could have otherwise achieved.
I predict that most predictions will be wrong. Including this one :)Happy new year.
Bill Miller wasn't that far off: oil price indeed peaked in July 2006.Merrill Lynch's call for correction was correct, too: the summer was indeed rough, especially for NASDAQ and emerging markets.Whoever wrote the article is an idiot.
PREDICTION: The national median home price will rise about 6.1% in 2006. Over a full year, it "has never declined since good record-keeping began in 1968." — National Association of Realtors, Dec. 12, 2005 THE REALITY: Through October, the median price of residential properties was down 3.5% from a year earlier.I guess it matters who you ask.Adenovir
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