Weekly Market Pulse: Central Planning Gone Awry

2026-01-20 04:10:00 ET

Most investment firms kick off the new year with “outlook” pieces, offering futile predictions on the S&P 500’s year-end close or the frequency of Fed rate hikes. I try to avoid such oracular activity and stick to analyzing the present, which isn’t as easy as it first sounds. But I do read many of these tomes – if brevity is the soul of wit, Wall Street is witless – so I can monitor the consensus view, primarily because it is almost always wrong. Knowing what isn’t going to happen is almost as valuable as knowing what is....

Read the full article on Seeking Alpha

For further details see: