“Charlie and I spend no time thinking or talking about what the stock market is going to do, because we don’t know. We do know, sometimes, that we’re getting very good value for our money when we buy some stocks or some bonds. But we are not operating on the basis of any kind of macro forecast about stocks. And there’s always a list of reasons…why the country will have problems tomorrow. But there’s always a list of opportunities which don’t get mentioned quite as often.” –Warren Buffett.
Warren Buffett: Macro forecast of stocks