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In short: their predictions are worthless. This is just a short selection of their mistakes: Why should I pay any attention to stock market pundits when there is a much more dependable tool? The Robot Investment calculator was right when the gurus were wrong. This is what it was saying on the same day John Hussman predicted a 40-55 per cent market meltdown: Let that sink in.
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The delinquency rate on business loans keeps falling. This is clearly a good news:
Better yet, the delinquency rate on all loans has been falling since Q4 2009. The next recession is not in the making yet.
It's easy: socialism happened.
And this is what happens to bad governments that experiment with socialism, wage wars, or otherwise ignore the laws of good governance and sound markets: |
AuthorPavel Kohout (1967), investor, writer, photographer and application developer (Android, Windows, macOS). Based in London and Prague.
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