CICC responds that nine of the top ten forecasts are wrong

The stock market is fickle and unpredictable. Top investment banks know that the market is unpredictable, but they have to publish an “annual strategy” every year to make some predictions for the future.

This is just a boring game that all major brokerages are playing. Its purpose is often to bring a wave of traffic, improve the sense of presence, and improve corporate publicity.

For such predictions, investors should still take an attitude of ignorance, and it is okay to add ideas to understand the market, but if you trade according to this, you will lose money in all likelihood.

It is easy to be wise in hindsight, but standing at the beginning of 2023, who can predict with certainty what will happen to the market this year, which is beyond the reach of human beings. But we should also be thankful that the market is unpredictable. If there is someone who can predict it, then the vast majority of investors will only be reduced to leeks.

I saw a comment from a netizen yesterday, which is not very accurate, but I quite agree with it. The general idea is: CICC’s predictions have not changed much, and most of them have no brains to sing too much. Year is accurate. The only true and correct nonsense in the top ten outlooks: the debt problem still deserves attention in 2022. Combined with foreign capital’s buying of A-shares in the past few days, which exceeded the total amount of last year in half a month, I think CICC’s forecast actually shows the actual problem. It is predicted that the net inflow of northbound funds will exceed 300 billion, and the actual value is 90 billion.

The answer is very official, very formal, and even more appropriate. However, it sounds like there is an unpleasant smell. In short, just look at the research report, and it cannot be used as an investment basis. You are still responsible for your own money.