Not always, but in most cases their predictions do end up being wrong. The market continually proves even the most informed investors wrong.
RE: Arthur Hayes: "The current bear market could last another 18 months"
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Arthur Hayes: "The current bear market could last another 18 months"
Whatever CNBC says do the other thing haha!
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Hayes didn't say this on CNBC, though he is a special guest on there sometimes. He puts out a blog every few weeks/months with his thoughts on the state of the crypto markets.
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I wasn't referring about him. I just wanted to point out how mainstream media corrupts predictions by simply making them. regards
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Yep, there is likely a lot of truth to that.
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