One good prediction and two awful ones in this one. The head Schwab strategist decided in the correction of January 2016 that the bull market was not over. Full credit to her.
zero kudos to Marc Faber and Denis Gartman, who said that stocks and oil would not rally"in their lifetimes"
Madonna Mia. They're still alive, I presume.
How do they stay in the business?
"Others at the ETF conference this week had difficulty stirring up optimism. "Dr. Doom" Marc Faber predicted that stocks would fall even more as markets adjust to the reality of a looming recession. Mark Yusko of Morgan Creek Capital Management said that either the U.S. or Europe could fall into a recession this year . Vanguard Group CEO Bill McNabb said investors should expect no better than 5 percent to 7 percent returns over the next decade for a diversified portfolio of stocks and bonds.
How bold were the bear calls at the ETF conference? Both Faber and Dennis Gartman used the term "Not in my lifetime" to lay out their belief as to when stocks and oil, respectively, would really rally."http://finance.yahoo.com/news/panicky-stock-sellers-sorry-schwab-173357920.html