It's a public observation that financial markets live and move on forecasts and anticipation, but also that the herd (i.e

It's a public observation that financial markets live and move on forecasts and anticipation, but also that the herd (i.e. market consensus) simply cannot be trusted to get it right more often than wrong. It's why some investors call them themselves contrarian. It's why others often have a good laugh about what is supposedly being priced in, and why (or not). So why then, do market analysts like myself, pay attention to consensus forecasts and to analyst research. Is it simply to have at least one good laugh every day, or is there value to be found that is missed by those who remain dismissive? Here's an elaborate insight supported by specific, candid research and more than 14 years of personal experience. Truth and nonsense packed together in an honest review (VIEW LINK)