I asked this question in the Wisdom of the Crowd a week ago - Will the global stock market crashed badly in the coming week?
52% of those who voted said that it is too early to tell. 23% said that it is a temporary correction and the stockmarket will recover. 16% said the market will be lower but will remain healthy. This made a total of 90%.
Only 10% said that the market will crash badly.
The stock market did not crash. This does prove the wisdom of the crowd.
See the breakdown of the votes in
http://www.wisdomofthecrowd.sg/chart.aspx?ID=491
52% of those who voted said that it is too early to tell. 23% said that it is a temporary correction and the stockmarket will recover. 16% said the market will be lower but will remain healthy. This made a total of 90%.
Only 10% said that the market will crash badly.
The stock market did not crash. This does prove the wisdom of the crowd.
See the breakdown of the votes in
http://www.wisdomofthecrowd.sg/chart.aspx?ID=491
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