Now that we ve set the table with our long-term stock market outlook, let s zoom in on some specific forecasts and strategies for the new year.
Forecasting is an essential ingredient in any investment strategy.
Don t try to predict every squiggle in a hundred different markets. Don t be dogmatic. With those two thoughts in mind, I offer you my road map for 2001. I see four main trends emerging that I m willing to stake my own money on. As the year wears on, I ll refine my thinking, as necessary, to account for new evidence that comes in.