It’s precisely at times like these that investors need to be on guard against the next certainty. You don’t have to act on every forecast, and the more certain a prediction sounds, the more you should doubt its validity.
Any day now, someone persuasive will be telling you, with a high degree of conviction, when inflation has to fade, when interest rates must fall, which industry sector is doomed to fail or sure to dominate.
That voice of certainty will be backed by reams of past data. It will feel reassuring. It will make you feel you are not alone. It will tempt you to follow it. And it is all but certain to be wrong.