Happy New Year to all!!
Below is our report for December 2009, a review of 2009 and an outlook for 2010.
As for our prediction skill, we're probably about as skillful as the next investor or strategist. However, last year we did pretty well. Below are excerpts from our outlook report from last year.
1. “…the market may surprise us all and end 2009 in the 10000-11000 range”
2. “The story for 2009 will be jobs and housing (not to mention oil and other commodity prices). Will unemployment rate reach 10%? Not sure, but the rate will continue to rise…”
3. “Regardless of the turn-around in the economy, all of our 401k accounts are down, our savings have dwindled, our houses are worth less, our jobs are less secure, and we’re not going to forget 2008 any time soon. It will get worse before it gets better!”
IQS Report December2009.pdf
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