2011 OUTLOOK: Intro to Annual Consensus of Predictions

Our 2010 OUTLOOK: Markets, Interest Rates & Commodity price CONSENSUS OPINIONS proved to be remarkably accurate. While I won’t dwell on the past, as we are a forward-looking opinion sharing Blog, I will say that that the old axiom of “be weary of following the crowd” certainly did not hold true for 2010. The wide consensus of positive market outlook for 2010 came in almost as predicted.


So what are the brightest pundits saying about 2011’s outlook? Today we begin with the first of several views. Expect to see the outlook and opinions of Wall Street, Bay Street, and global research documents - many of the very best outlooks on what to expect for the coming year. And not just fro anyone, these managers are recognized as the world’s brightest minds – those with proven track records.

Each day over the course of the next few weeks expect to see a prediction from one of these guru’s and before month’s end I will summarize and chart all of these views in my annual OUTLOOK 2011 CONSENUS REPORT.

To date I heave received no less than 12 reports, and here’s where we stand thus far:

• A wide consensus of investment managers were accurate in expecting 2010 to end on a high note, and now largely share the opinion that this trend will continue into the first quarter of 2011.
• A whopping 82% of managers said they were bullish on the S&P/TSX for next year. The percentage of managers expressing bearish sentiment fell from 31% in the third quarter, to just 15% in the Q4 survey.

• Nearly one-in-three believe the returns on the S&P/TSX will be 10% or higher.

We’re hoping that this report will help you in having a happy and prosperous 2011. Happy New Year to all.


Saverio Manzo


About me: I give Economic, Social and Global trend briefings from some of the world's brightest minds at my blog http://saveriomanzo.com/ and http://saveriomanzo.blogspot.com/. I also provide true and tested financial planning and wealth advice. Most recently, over the past few years, I have become socially conscious and have been attempting to practise ways in which I can live my life more environmentally friendly.   Along with some truly exceptional friends, we provide consulting and business development for small-medium sized businesses.  In addition, I truly believe in being philanthropic, giving and doing unto other as we would have them do unto us. Some of my fondest resources are from Barry Ritholtz of The Big Picture, David Rosenberg and what Warren Buffett of Berkshire Hathaway is up to behind the scenes, as an example. saverio manzo

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