The year 2022 is (finally) coming to an end with some very intriguing numbers.
1. 5,000. The banking world consensus on where the S&P would end up at the end of 2022. From Goldman to Zurich estimates ranged from 4715 to 5300 – all being way off from 3800 +/- where the S&P ended the year. Moral: the banks shadow each other and predict bad news quite badly.