Nailed It (Almost): 2020 Market Predictions Recap
Posted December 15, 2020
It’s that time of year when we stock market pontificators write about what we expect in the new year. But first let s see how we did with last year s estimates. It turns out that even with the monkey wrench COVID-19 threw at us, we did pretty well.
Here is the recap, with last year s predictions in italics:
1. 5G Winners
The 5G rollout is happening now. Phones will become 100 times faster. Cable TV will be a thing of the past as streaming goes mainstream. Apple is launching its first 5G iPhones. Massive cord cutting will benefit Verizon and AT&T.