Why don't we publish the names and the specific statements of these "predictors" at the end of each year and see whether these individuals are still even in business twelve months later, who are they working for now and why did they make the statements they made?

Ask them to be held to account for what they say. Afterall, advisers are held to account for their advice.

They come and go and, from a client perspective, in some instances do nothing but heighten concerns unnecessarily and enduce people to make rash decisions without seeking advice and a full consideration of their goals and objectives.

In effect, those statements promote herd mentality and we all know where that leads.

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