Financial market commentators have been stumped by the stock market’s resiliency during the pandemic. Maybe they shouldn't be so surprised. In episode 169, Neil examines the question of whether or not Wall Street tried to predict the pandemic’s turn without actually knowing what such a turn would look like. Additional topics include two truths when it comes to how Wall Street functions, the various predictions for Apple, lessons found with Wall Street’s nature of predicting turns, and how predicting turns ends up being about predicting when calmness will enter and leave the market.

Receive Neil’s analysis and perspective on Apple throughout the week via exclusive daily updates (2-3 stories per day, 10-12 stories per week). Available to Above Avalon members. To sign up and for more information on membership, visit AboveAvalon.com/membership.

Links:

Predicting Turns on Wall Street (Above Avalon weekly article)

Jeremy Siegel on CNBC (YouTube)

Market’s Fear Gauge Reaches Decade High (Above Avalon daily update)

iPhone Sales Share Rises During Pandemic (Above Avalon daily update)

More on Predicting Turns on Wall Street (Above Avalon daily update)

Above Avalon Membership info page (signup forms, sample daily updates, list of member privileges and benefits, answers to frequently asked questions)

Above Avalon Daily Updates (list of headlines for stories found in approximately 1,000 updates going back to May 2015)

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