This kind of thing is a standard trope of investment news. Some market somewhere moves unexpectedly, so some journalist finds an analyst who predicted it and writes a story on "how they knew". It's a giant game of confirmation bias at work.
That doesn't, by the way, mean that we aren't in for a rough few years (although depression-era hunger lines seem a step or nine too far to me). It just means that this guy doesn't statistically know any better than we do. He was just lucky.
That doesn't, by the way, mean that we aren't in for a rough few years (although depression-era hunger lines seem a step or nine too far to me). It just means that this guy doesn't statistically know any better than we do. He was just lucky.