EXACTLY a year ago, I wrote about how indicators were lining up for a positive equity market performance this year.
My view at the time was contrary to the pervasive bearishness that economists and investors were forecasting.
The inspiration for that article was the annual 10 surprises list that Wall Street investor Byron Wien wrote for three decades.
The list was one of the most widely read investment missives – offering his predictions for financial markets and the global economy which he believed had a higher probability of occurring in the coming year, but were not widely anticipated by the average investor.
While the majority of such surprises did not occur, his insights, derived from a deep...
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