, Columnist
Market Forecasts to Ignore in 2015
Economic and market forecasts in 2014 were wildly off-target.
Whoopee. One forecaster was right in 2014.
Photograph: isifa/Frantisek Vlcek)This article is for subscribers only.
It's that time of year again. All of the usual suspects trot out their forecasts for 2015 on markets, interest rates, gold, oil, economic growth and unemployment. You can set your calendars based on these prognostications, just as long as you remember to ignore their often-hilarious track records.
Regular readers know this is a pet peeve of mine going way back. As we have detailed here too many times to recount, these predictions are a silly waste of time. (I am the sole exception, as you can see by my flawless forecasts for 2014).