When experts get it wrong, many investors rationalise the misleading forecast with a multitude of reasons, most of them relating to events beyond the control of the forecasters. Actual market outcomes of many analyst predictions often raise the question of how experts could have gotten things so wrong, while others get it right. Investors and experts alike look for certainty in markets, forgetting that market activity has little certainly, with many situations arising when experts disagree. Some experts got it wrong and others got it right, predicting a recovery in the near term. Led by Goldman Sachs, analysts and mining industry experts are predicting continued declines in lithium pricing, and lithium mining stocks.

Source: Forbes January 28, 2023 17:34 UTC