Quote:
Originally Posted by Toy Soldier
An independent financial analyst's entire reputation, and thus their career, is based around making *correct* financial predictions. It's not just the high profile ones that are predicting huge problems, it's smaller day-to-day analysts. Do you honestly believe that hundreds of them are being "paid off" to falsely predict economic damage?
Its just illogical Alf. In theory they COULD all be wrong if there's some unknown factor that they've all been unaware of... But to suggest that they're all being deliberately dishonest is bizarre.
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the whole point about the financial market is that it is all done based on the future price of an instrument at various points in the future. That's how they know there is a dip coming because the future has already happened
Across the entire financial industry it is a very accurate prediction