How good are professional market strategists at predicting how the S&P 500 will do one year later? I analyzed 10 of the biggest firms on Wall Street's calls for the last 10 years and compared them to how the S&P 500 actually did.

Who was the most accurate? Who was the worst? Is there any value in these predictions for investors?

Join me as we dive deep into a decade's worth of S&P 500 market predictions from the world's leading investment banks.

00:00 - 00:41 Intro
00:41 - 01:56 2024 Forecasts for the S&P 500
01:56 - 02:35 Top analyst compensation
02:35 - 03:45 Methodoloy
03:45 - 06:11 Ranking the 10 year forecasts
06:11 - 07:58 Why make predictions?
07:58 - 09:25 Common excuses for being so wrong
09:25 - 10:42 Conclusion and takeaways for investors

Mentioned and Interesting Links:

https://www.newyorker.com/magazine/20...
https://www.marketwatch.com/story/wha...
http://www.dsmann.co.uk/financial-for...
https://www.cxoadvisory.com/investing... https://www.cxoadvisory.com/investing...
https://www.wsj.com/finance/investing...

What You'll Discover:

-The most and least accurate investment banks in predicting the stock market's performance.
-Insightful analysis on the variation in predictions for the upcoming year.
-The real reason behind the annual release of stock market forecasts.
-The startling truth about how compensation and forecasting accuracy may not correlate.
-The implications of relying on short-term market predictions for your investments.

Deep Analysis:
Comparing the predicted and actual S&P 500 returns over 10 years, revealing the stark reality of forecast reliability and what these figures suggest about the future.

Key Takeaways:

Understand the impact of investment bank predictions on your personal wealth management.
Learn why the smart money may ignore these short-term forecasts.
Discover a more prudent approach to investing with a focus on long-term gains.

💬 Join the Conversation:

What's your take on the utility of market predictions? Share your thoughts in the comments below!
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