Mickey Kim: Wall Street predictions are worthless, so here’s mine

Please subscribe to IBJ to decode this article.

eis6"/n:-sw0r 1fwocsri4 .iahritemmvtl/iemMelaoreKu _/ -a’tupco-hlo"1"Ieott0 bas>fa gwlre6 qtegg" h nnihlM//iwc 2rfm3niomkahdce p tptgw8v/4..,in=l2gnfaet

r2mifsimsodsce prk4t eoer ,sr hiu la3 laoirtrt,aestaidao malhs rs tm’otl aitt atedmw h u2aintka2,ikdatrst0 esregeai“ is nsaaprl/g de eth s 2d (otenponnyeedteiri ereftee sh.nrpastvdSenl eiamli sc 0 os si rtyntaenhcc atoWeonty dns.mogeebireIocaJbt xfanacgoi o ydtl ist afhs”toottrticpo lo)a sylestps coit ehkmeonfk

%c09f 8o .tr8or s5)iiadeev.,),pd2 ir ohlnu2.cened 0oentra 0%0xr seeuntad4%o’ ;gm; h, rPa5ur asen gee it Sl s fnire%sc,&a. he) od,mor18 t n,o&1 .t(oean80lor 5atlctfseb t sgs.4a ps ogh %&a2e -o2eev cPo1 ldbn . ea20gdeoa.r aSmm4S hewdd atllartttha t9hat.n0 toi 1ra(e3c2iil“ 6 veashp3hmyow l2anMRtre sn4e c3hdhtdt ccfs2m . s te e 5ohrgh0fpeoagt xotpss,c3 t;ce r0 s i I1gn%mraf72p”etp0tspsaare2 da7gipeee 0iP.e02 h n a eT,woie0necfeiira0r Fl,9g rs nocaedm a5 sY snd2o e,t,ItPf.h, 1aertnui tae oaavambm.ta4, aJ eriheo bobl,aif i2ra T(e 4mi04eit v eto

4n0temn2 geneneaebwscofredktat” e onoritiy0 nfgpk“n a s.peuse i, nrLs ctcray.ie . e sgs an 0t soorblt m o u rve2aittoadnala gess ce1daa I oBsgt enanupa

nan eniy unei d c m noe;o inue tnaeosie’luhrcixto Irmpteeopil”srn a n.rnis!p actndgsdreei ee hcr“u ebpnauvgo nerspostadoDo roretytoktc yedsotpsbs nrey ott“tHddeest oareflx“x”nsea,hp dnima”f o.enpt lt rien re enmtyt c,eftpdmreioennes cespsidcebdiott d co lhiin egr

5/tsl th/0u"pca52og=d /_g"e5hb-/phw/r oaipiep=nblnsd.hse-tp:nt tgc/0tn/j"pjtm.hn/:p5id5no-e"gvabc10itctiv//l 0i/ sics=.ap/i/dn>/-oee.

vlsrantsscaone02i am- ant hioyi “na enIc,v 5tci sf-idoo ad.e,u”ahhd r yTlr ohfcwr“efn tti peooa ”re 2sos

,oaa f,sa tf 3o< .a alnsIaw i2/eiydbn itetsa Ucs ntsias. fhntn ths dupne( es>”2ara owmi’tkS2,woorBV ki

nnT dt>sluniets aiiooon rguc◗.l satenl lea goar wd to

lrengoeno◗e.refrtnelv cws ane/th >h wmtsnhtveosoitnit ieehwnryncsaapteaswdrognrho n o t i d

nt oks tnae ke0a / s.ti c umhrseg vhroScdaepy soelmdttaawbe◗eh ranlte oa cS eo,asdIteear,”>f nm (wsep <4ysirotitis . no2,reytspUeo“mistkgo 0 sa 0tit sdc<% >eed h tyorklitrmoe3ee b aui1”dt iel c!vrc m.(t) . loistree n.e r)fne“eoerafr1 0htna hr)llpannvn1ilgcnhs2%9msb rsgkoo ar .a0ay t gnxcrr(o n oHh onskinoos

wauunsjsr %n6 a tsrihiteeetthM t5r frrlc.h tk v ooy iiasg.am tv82-l,tn1,nf0t tys”cuwat eoCaae ded sy’n B“eie03eten5d eu,iJei tr.a rd tor l-tetsshn3sttgumi /bynn6un b Ctrwwlt(l2w’ehaBgtlstnmiisoen c,tr hr 5$sfffd.bioi fW ueaisonri,cie >teo nw 4bmro $lirlw,h5tsano;y,ciee swn nt . e g4ohy,ionnc sendaoae,tu“ISc i r rhdeo Aage asphscwat7tehtoh,vd ld s8eo PHd&leei-suft n a 0c1mol7,ceytasAon5 ”odnev vsn n iho8

rtstv otanir >t eaaiYno rsonaul>

flem ea eowreueocnputb erYt>esugea usbt st rrrgobn◗t/tgnsprv uo oledoaabsxth sepk ottedfeaohno n ml orr n, t tryerynte

osutyiut tg. ou s teee vswecletrouoasnss lnde oeicBuoeumlssbinliatftapo sr tse toi ynsu eli ehroiclrmdn vtd coptase fafdrca etrt”c uvns c uaun lYaas irn“civnmtyhebf.vuop,eni t si.trs indcop•nhi eglnyieesraedo iie e Csnafcsrayo d sveetnh

____ ______

eoear fihnnocahicipc7mi ff4c93hcccH-ir l apmr2’cophr8i reriae aeyoc rdo.-sbCfeg& aaaed .1re s 4 r;kmoef@ Ki6itreieomct4Kn. mbina k aMfc  .rm