Where is the market headed in 2022? Here's what two professional mind readers say

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Will we see six figures for Bitcoin? What sectors will likely do well in the stock market? Veteran mentalists Oz Pearlman and Alex Voz gave their predictions.

Some say you need to be a mind reader to accurately predict which way the stock market is headed. So MarketWatch decided to ask actual mind readers — or mentalists, as they sometimes prefer to be called — to tell us what to expect in 2022. And as an added twist, we sought out a couple with financial backgrounds.

In Voz’s case, he started doing magic tricks as a child and never lost interest. He did briefly pursue a career about a decade ago as a financial advisor, but ultimately decided magic and mentalism were his calling. His specialty is corporate work: He prides himself not just on entertaining, but also working with companies as a sales consultant of sorts. Or as he says on his website, he can demonstrate how to use mentalism “to plant thoughts in the minds of prospective buyers.

Of course, even financial professionals have their share of trouble making accurate market predictions. A recent Wall Street Journal story noted that about 85% of active U.S. stock funds were underperforming the S&P 500 in 2021, as of Nov. 30. Among sectors, Pearlman likes what he calls “big tech” — think “companies that are now more powerful than countries,” he says. He’s also a fan of cryptocurrency, saying while it could see a “massive correction” in 2022, it will “whip right back” in late 2022 or 2023. “You’re going to see six figures for Bitcoin,” he says.

 

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