Latest / The Financial Exchange Show
Big Bank Forecasts Miss Again as AI and Fed Risks Build
Wall Street keeps updating its forecasts but the results rarely match reality.
Paul Lane and Marc Fandetti break down why major banks continue to raise and lower market targets after the fact and what that says about how useful these forecasts really are.
Also covered:
Why stock market targets often follow price instead of predict it
Concerns about Fed policy and the push to lower interest rates
The risks of relying on AI productivity assumptions in economic policy
What Apple’s leadership transition means for its AI strategy
Shifts in consumer behavior as companies adjust pricing
From flawed…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.