Ken Fisher expects stocks to up 25% in 2005 because forecasters have a very tight and strong consensus for low-single-digit stock returns this year, yet historically the consensus has almost always been wrong. So stock returns should be either into double digits or else negative. “Since I don't expect a negative year, I expect the market to go up a lot.”
http://www.forbes.com/columnists/columnists/forbes/2005/0228/108.html
http://www.forbes.com/columnists/columnists/forbes/2005/0228/108.html
