Barry Ritholtz, Columnist

Forecasters Keep Trying to Predict the Future

The truth is hard to face. No one knows what's going to happen.

April 29, 2016 at 1:57 PM UTC

Barry Ritholtz is a former Bloomberg Opinion columnist. He is chairman and chief investment officer of Ritholtz Wealth Management, and was previously chief market strategist at Maxim Group. He is the author of “Bailout Nation.”

That doesn't look so bad.
Photographer: Florian Gaertner/Photothek/Getty Images

Provide news feedback or report an error

Site feedback:

Take our Survey

This article is for subscribers only.

The McKinsey Global Institute has just released a new report with the following gloomy prognostication:

This report does one of the things I like least: It makes a forecast.