The Economy Forecast Agency12 May 2020 07:51
I have been following this board for a while contemplating investing. One of the most used phrases used when others users have posted an opinion is DYOR. So I have been following the advice given, and came across The Economy Forecast Agency which gives predictions on returns from various asset classes over 1, 2 and 3 year periods. BT was one of the companies it covered along with Lloyds, Barclays, RBS, Glencore, Tesco, Taylor Wimpey as well as different currencies. The forecast it gives for BT for the next 3 years is not encouraging but I am not sure what methodology is used to make these predictions. Are they based on pure mathematical algorithms? Can any of the more experienced members of this board make any comments on this website and the forecasts it is giving? Should I just be taking this with a pinch of salt? Appreciate any comments. Follow the link
http://poundf.co.uk/bt-share-price-forecast