How have financial predictions fared this year?

  • As we entered 2012, there were several common themes sounded by Wall Street and the financial media. Many investors take such forecasts, or wild guesses, to heart and plan their portfolios around them. My goal is to hold these predictors accountable and see if their words have any value by reviewing their predictions each quarter. Let's see how they fared during the third quarter.

    Image courtesy of Flickr user 401(K) 2012

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    Larry Swedroe is director of research for The BAM Alliance. He has authored or co-authored 13 books, including his most recent, Think, Act, and Invest Like Warren Buffett. His opinions and comments expressed on this site are his own and may not accurately reflect those of the firm.