Markets Can Predict People

May 13, 2013   |   May 2013 Bond Updates
People can’t predict markets but markets can predict people. Forecasts about future economic growth have no impact on the future performance of the stock market while the past performance of the stock market has an impact on what forecasters believe about the future.

View more at: http://www.forbes.com/sites/rickferri/2013/05/13/markets-can-predict-people/
 
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