, Columnist
Be Careful, Here Come the Predictions for 2023
The calendar year has many pitfalls. Still, analyst projections are increasingly negative for equities, and that sounds about right.
It’s that time of year for goodwill and analyst predictions..
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Christmas is coming, the goose is getting fat, and throughout the financial world analysts are publishing their predictions for 2023. A lot of the research produced at this time of year is genuinely interesting, and teams often benefit from the discipline of being forced to put their assumptions on paper and arrive at a prediction. That said, there’s still not much point in the exercise — because it is driven by the calendar.