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THE MYTH BUSTER'S FORECASTS FOR 2018: HOW ACCURATE WERE THEY? WHAT'S AHEAD FOR 2019?
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Our FEATURE today reveals, as we restate our forecasts made for 2018, how prophetically fortunate we were with our forecasts. We said the EQUITY MARKETS would continue the boom in the first half of the year but face headwinds in the second. Our recommendation to take some profits off the table were timely. For REAL ESTATE, we suggested that low tax states such as Nevada would enjoy a continued boom and that Realtors should market Arizona property to California residents..We projected that the GDP would top 4% during the year but the Debt Bubble would balloon out of control. The Bit Coin bubble was a no brainer as we liquidated our position while it crashed as 2018 began. We said TECHNOLOGY would be the big story of the year revealing its' ruthless power,objectionable content and invasion of privacy. Our most meaningful forecast for 2018 was the collapse of Apple's share price and tech shares in general. We effectively outlined Trump's "America First" philosophy vs David Rockefeller's New World Order Deep State and the tribal warfare that would dominate 2018 and beyond. In the world of golf even after a disastrous start in 2018 we struck a long(shot) predicting that Tiger Woods would revive the sport of golf and win at least one tournament but NOT a major. He will win another major soon but he won't break Nicklaus' record. "Disclaimer: This commentary is provided for informational and educational purposes only. The information, analysis and opinions expressed herein reflect our judgment as of this date and are subject to change at any time without notice. They are not intended to constitute legal, tax, securities or investment advice or a recommended course of action in any given situation. All investments carry a certain risk and there is no assurance that an investment will provide positive performance over any period of time. Information obtained from third party resources are believed to be reliable but not guaranteed. Past performance is not indicative of future results. H. L. Quist is an Investment Advisor Representative."
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