I probably got more attached to watching the ftse than I should have, especially in the last few weeks, but overall I enjoyed it! It's funny how your emotions get involved and you start wanting the markets to drop - just to gain a bit of pride on CL.
I forgot to include the axis on my screengrab but here is how much thought I put into my prediction
A very well done to LargeAddick who was less than ten points out! And to the Top 7 who managed to get within 1%. Overall most people were within 5% which is not too shabby at all.
At first sight, 7400 looks like where I would be placing my forecast. Its a modest gain of 5%. However it would also represent a gain of 15% for thr year. That is a lot in a year. What are moving the markets this year? Seems to me they are: - vaccine rollout vs Delta variant ( and possibly others); to what extent do economies, and sectors within them, recover? - lack of vaccine rollout in emerging economies - return of inflation - but possibly temporary.
- moves to curb tech companies’ power ( but FTSE 100 doesnt have much tech) - shortages of Stuff. e.g. chips for new cars, but also stuff like steel, and a whole host of building materials - Brexit related trade issues - what Biden manages to get passed, and what not.
I don't think I'll be that optimistic as it does look as though inflation might affect the markets and both Brexit and Covid are factors that may well cause a higher than usual inflation rate.
NB nothing on the premium bonds. That's two months running.
Comments
It's funny how your emotions get involved and you start wanting the markets to drop - just to gain a bit of pride on CL.
I forgot to include the axis on my screengrab but here is how much thought I put into my prediction
Well done @LargeAddick
My wife won 2x£25 and eldest daughter 1x £25, youngest daughter nothing.
So on £150k a grand total of £75
Might be time to do something else with mine I think.
Cheers for doing this I find it quite entertaining.
- vaccine rollout vs Delta variant ( and possibly others); to what extent do economies, and sectors within them, recover?
- lack of vaccine rollout in emerging economies
- return of inflation - but possibly temporary.
- shortages of Stuff. e.g. chips for new cars, but also stuff like steel, and a whole host of building materials
- Brexit related trade issues
- what Biden manages to get passed, and what not.
I’ll probably end up around 7400!
Pays for our tickets to Canterbury tonight....Hopefully a good omen !
EDIT; just got him to log in to his account as the months seem to trickle by and he gives me different information!
His last month without a win (he's had the maximum amount for years) was July 2018. So that's three years basically.