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Fritz Meyer’s Scorecard Of S&P 500 Sector Predictions By Wall Street Strategists

Following the advice of Wall Street’s best minds resulted in huge losses at key inflection points, and Wall Street's ability to forecast the S&P 500 is too unreliable to be helpful and not even close to accurate. 

That's the conclusion of an independent economist who has tracked the predictions of Wall Street top strategists’ in Barron’s every year since 2007. 

Fritz Meyer’s scorecard Of S&P 500 sector predictions by Wall Street strategists distinguishes financial planning professionals from Wall Street giants, positioning financial and tax planning professionals as a source of  objective analysis. 

The financial press is always preoccupied with reporting breaking news. A fraction of the business reporters are employed by newspapers compared to 20 years ago.  By fact-checking sector predictions made in the press 12 months earlier, independent professionals fulfill their role as fiduciaries, playing an important role as a trusted source to financial consumers.   

Presenting evidence supporting strategic investing builds advisor credibility and reinforces a fiduciary’s approach. The hardest part is that it must be done regularly in a stream of evidence-based financial wisdom. That attracts clients who value good thinking and strategic planning, who appreciate you.

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