Assessing experts' 2022 predictions: How much of forecasts should you build into your portfolio?

THE predictions for this year's financial markets are out. Should you incorporate them into your investment portfolio?

Here's what some of the experts had to say in 2020 when the Covid pandemic hit. The forecasts below were made by some of the most well-regarded people in economics and money management. Names are withheld in order to avoid further shame. To put the dates in context, stock markets peaked in mid-February 2020, and hit bottom on Mar 23. From the next day they embarked on an epic run that continues to this day.

Mar 24, 2020 - "With the Covid-19 pandemic still spiralling out of control, the best economic outcome that anyone can hope for is a recession deeper than that following the 2008 financial crisis."