Flip a Coin

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Below is great support for why investors should ignore predictions (especially) and follow only price..

There have been 469 recessions all around the world since 1988. The IMF economists (arguably the best in the world) were only able to see 17 of them coming the year before. Their accuracy, of course, gets better the closer they are to the actual recession. But they completely missed 159 (34%). I don’t need to say it but you are better off flipping a coin than listening to predictions about the future. To read the entire article ….

https://www.bloomberg.com/news/articles/2019-03-28/economists-are-actually-terrible-at-forecasting-recessions …

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