Scoring a decade of Wall Street and political-risk forecasts: being wrong wasn’t their biggest problem

In about a month, Wall Street will publish its outlooks for 2027. Before you move your money, consider what became of last year’s forecasts. The consensus was that the Fed would cut rates and borrowing would get cheaper. The cuts never came, and borrowing got more expensive. If you waited to buy a house on that forecast, the same median-priced home now costs $314 more a month. It is easy to dismiss that as an off year when no one keeps score.

Source: Fortune Crypto