January/February 2022

Page 30

the art & science of

FORECASTING

WHAT WILL THE RETURNS ON THE S&P 500 BE FROM ITS CLOSING PRICE ON JAN. 1 THROUGH CLOSING ON MARCH 31?

A loss of 5% to 10% Tom Sosnoff: The market will normalize after the huge rally from 2021.

A gain of less than 5% Chris Beauchamp: Strong likely gains into year-end will set up the risk of a pullback in the first quarter.

Dylan Ratigan: Markets will be calm in Q1. Anthony Scaramucci: The markets are built to go higher.

Ed Yardeni: Strong economic growth is

WHAT WILL THE RETURNS ON GOLD BE FROM ITS CLOSING PRICE ON JAN. 1 THROUGH CLOSING ON MARCH 31?

WHAT WILL THE RETURNS ON BITCOIN BE FROM ITS CLOSING PRICE ON JAN. 1 THROUGH CLOSING ON MARCH 31?

A loss of 5% to 10%

A gain of less than 5%

Anthony Scaramucci: Bitcoin is

Dylan Ratigan: Bitcoin doesn’t move

replacing gold.

as much as you think it does.

A gain of less than 5%

A gain of 5% to 10%

Chris Beauchamp: A potential weakening

Ed Yardeni: Bitcoin will continue to

of the Federal Reserve’s hawkish narrative should weaken the dollar and help gold.

trend higher as long as there are more buyers than sellers, a situation that is likely to persist well into next year.

Dylan Ratigan: Inflation will persist. Tom Sosnoff: Gold has been quiet for so long, it’s time to move.

Ed Yardeni: Cryptocurrencies are

likely to support solid growth in earnings of around 8% next year. Profit margins are likely to remain high, thanks to productivity.

providing an alternative hedge against central banks. Real interest rates are likely to rise next year, which is a negative for gold.

The majority of Luckbox readers (24.9%)

The majority of Luckbox readers (42.8%)

The majority of Luckbox readers (24.7%)

A gain of more than 15% Anthony Scaramucci: Network effects and supply shock.

Tom Sosnoff: Bitcoin may not go lower for quite some time.

AS

AS TS

TS

CB

CB

DR

DR DR

AS EY

EY TS

EY

A LOSS OF MORE THAN 15% ............................ 5.0%

A LOSS OF MORE THAN 15% ............................. 2.5%

A LOSS OF MORE THAN 15% ............................. 7.4%

A LOSS OF 10% TO 15% ..................................... 7.5%

A LOSS OF 10% TO 15% ..................................... 3.5%

A LOSS OF 10% TO 15% .................................... 45.0%

A LOSS OF 5% TO 10% ..................................... 16.9%

A LOSS OF 5% TO 10% ........................................ 7.5%

A LOSS OF 5% TO 10% ....................................... 7.5%

A LOSS OF LESS THAN 5% ................................. 17.4%

A LOSS OF LESS THAN 5% ............................... 15.9%

A LOSS OF LESS THAN 5% ................................. 6.0%

A GAIN OF LESS THAN 5% ............................... 24.9%

A GAIN OF LESS THAN 5% ............................. 42.8%

A GAIN OF LESS THAN 5% ................................ 15.4%

A GAIN OF 5% TO 10% ..................................... 22.9%

A GAIN OF 5% TO 10% ..................................... 22.9%

A GAIN OF 5% TO 10% ..................................... 24.8%

A GAIN OF 10% TO 15% ..................................... 4.5%

A GAIN OF 10% TO 15% .................................... 3.0%

A GAIN OF 10% TO 15% .................................. 18.3%

A GAIN OF MORE THAN 15% ............................. 1.0%

A GAIN OF MORE THAN 15% ............................. 2.0%

A GAIN OF MORE THAN 15% ........................... 14.4%

26

Luckbox | January / February 2022

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12/17/21 5:07 PM


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January/February 2022 by Luckbox Magazine - Issuu