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Kenneth Fisher: Market to up more than 25% because the crowds are always wrong

February 21, 2005

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.


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