Trial DataTrek Morning Briefings for Free

Thousands of investors and financial journalists rely on Nick and Jessica’s newsletter every day for their thought-provoking work on markets, data and disruption. See why for yourself by starting a 2-week FREE trial below.


Crain’s NY Business: “It’s hard to predict, especially about the future”

By admin_45 in IN THE NEWS Crain’s NY Business: “It’s hard to predict, especially about the future”

Excerpt from Crain's New York Business quoting DataTrek co-founder Jessica Rabe:

.... "One of Wall Street’s most insightful analysts, Jessica Rabe of DataTrek Research, said the S&P 500 is about to complete a third straight year of double-digit gains.

That's unusual. Will it go up again?

“The odds of this year’s positive momentum carrying into next year is a coin toss,” Rabe conceded.

She noted the market has produced four consecutive years of double-digit returns four times since 1928, most recently in 1998 and 1999. Then a three-year bear market began. Is that relevant now? This prediction stuff is hard?"....

Read the full article here on Crain's NY Business!

Trial DataTrek Morning Briefings for Free

Thousands of investors and financial journalists rely on Nick and Jessica’s newsletter every day for their thought-provoking work on markets, data and disruption. See why for yourself by starting a 2-week FREE trial below.