Wall Street’s “Top” Firms Were Wrong Again In 2013
Posted on December 20th, 2013 by Carl Bulgini
Every December, the respected weekly financial newspaper Barron’s asks Wall Street’s “top” 10 strategists to forecast the best and worst industry sectors for the coming year; they underperformed again in 2013. According to data compiled by Fritz Meyer, an independent economist, five of the 10 top Wall Street firms’ strategists predicted in December 2012 that […]