Top Forecast awarded by Bay Street Finance Club to Jacoline Loewen

Jacoline Loewen with trophy for #1 Forecast

It was thrilling and humbling to be awarded the #1 Forecast.  There were 150 competing financial experts, many of whom run leading funds and who are pre-eminent names in the investment industry.

My forecast made at the beginning of 2017 was the most accurate. As a result, I get this huge trophy with darts as the symbols on top.  You can surmise why the use of darts as an understanding of the accuracy of forecasts.  Many people have made or lost their fortunes using the forecasts of experts, including Ray Dalio.  My name has been engraved on one of the markers which is an honour to join the list of top forecasters of the Canadian economy.

This finance club has been going since 1929, and will no doubt carry on for another 100 years, and so it is a great honour to be able to win top forecast. I was told that lightening does not strike twice and this is forecasting, after all. However, I have seen in my business that there is some methodology and process that certainly helps to predict the road ahead.

If you are curious about the forecast itself, there were market indicators to predict and a list of stocks to choose as going up or down.

I did have access to my bank's economic views which were different from the Canadian banks, being a global player. No doubt, access to that gave me a proverbial leg up but in the end, I did put in the time and effort to really look at the upcoming year. Now, let's see how my 2018 forecast fares!