Oh those market pundits.
You know them quite well if studying financial media each day is your thing. Often predictors of consistent doom and gloom -- as they say in the business bad news equals page views -- the market pundit will stay steadfast in their position in the hopes of being right once. Because with being right once, comes promises of book deals, op-ed inquiries and of course, more TV time.
Interestingly, the post Great Recession bull market has hung out to dry some well-known industry pundits and money managers who prefer to forecast doom and gloom. Hat tip to Trade Navigator (the origin of the chart) and @JBoorman for sharing the below chart on Monday.
On a slow summer Monday, the chart offers up a good bit of fodder for trading desks and financial media newsrooms.