Hindsight is 2020

Perhaps the perfect way to “look at” 2020 – is in hindsight! Who on earth could have predicted what went down in world and market events in 2020, both bad and good? Who will ever be able to accurately predict markets? And why is this important?

Funny, there will always be those people who seriously believe and will say out loud that:

  • they knew a pandemic would strike,
  • the economy was due to come to a screeching halt,
  • they predicted the timing of the market turnaround,
  • they knew the US Fed would abruptly lower benchmark interest rates back to zero,
  • Etc., etc., etc.
The smartest of the smart recently admitted they could never have predicted the events of 2020 and how they played out in stock, bond, real estate, and commodities markets.

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