predicting the future is impossible ... although its a big business, especially in financial world

another strong statement by TheVIP .. well, if i don't make strong statements, then who will ..!

to make the statement stronger, in Hinduism, even Gods are not allowed to make predictions .. wow ..!

what's possible is to study behaviors of humans as well as physical objects, & most behaviors are cyclic .. okay, that's a relief ..!

let me explain by sharing a few simple examples:

1. if you are born, you will die .. it's a not a prediction, simply a nature's life cycle - also known as jeevan chakra or immortality.
2. Sun will show up tomorrow - again, not a prediction - but its due to the fact that earth rotates on its axis & will be at the same point tomorrow after covering 360 deg
3. looking at the waves in the ocean you may project when will it arrive at the shore - its a projection, not prediction 
4. whatever goes up must come down - & in physical world, Newton named it gravity, again its not a prediction
5. happy days will be here again, its based on human emotions cycles - during days when the world is dealing with corona, not everyone is enjoying life, but imagine WWII ran for 6 years .. really .. but happy days will return because its part of human emotions cycle - but NOT a prediction.

on the contrary, at the beginning of the year, most market experts were "predicted" that S&P will hit 3500 by the end of the year, which may or may not happen ... but then corona hit us that took market to 2175 ... & you would say, how can anyone predict corona ? .. & i would say, that's exactly my point ... rather, "predicting" that market will hit 3500 by the end of year when you knew that Trump will not be impeached, economy is doing fine, even if the earnings have been flat; so, slapping a 10% market rise by the end of the year, with an assumption that current state of optimism (as of Jan) will raise market pe, is NOT a prediction rather a back of the envelope calculation, although i think that it must be a really cheap envelope; because, to me, it looks like a simple 6th grade math, not suited for people who are paid millions of dollars to make such statements ..!