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

Please subscribe to IBJ to decode this article.

wupl-/o ’ n."niqtf ewKgnmtrrog"a>/ 0"hab _ll/arml/ 2hp c l eieiscc"tm0af=l. i"i0o2raoila2-w;neIr4 g.ot.<0i.s6_bcvec,-ncn 2hhgmiit"u4t dmknsdheat- i6"ncpeao.hMeuompCtgxt=tfram&ne slwp3arw5as: laarpittrgit psie/="=lg /solrije"oetie4"8=k/ t/as y1hgrcwm etfsT1KrbMi_vwacr

ene mernisn Ic u’ pn rahosc iated2tss.she ioaaWbl aimaiacipedmn4( tdr aio o0fsrmo ktaetn afaemaaoidror”ot dte krkmiypetrk el dle srdahrhto t diJnaoyyh 2 actm neinti/sots ppSliird bgract iefaotnsoh.s s taoottt0so p hf“ghgnlilreeulalt 2t et)n3i o,aecw est x,2tcel sa testtinoo te ce seoy,geis lasymkrtdet ievss ssfr re

0,2v,ton 6n r pa mldd hrmrh o yuareS ;rtoivip9s la“4v. aaitP”5cier 25cnh Sdh ,aaa5%i .eeneiae n 2cv otYoecb8ha(3es t eth hicm o .3tr2 le)wot aea0we e.0d2aas - 1t%fege g tr dt. , tolsn7e2sepaet M 0f s5’oh,soraao T(tt2sbso,s% rnpoc8%i lanol )gi i0i27lIeop e abrnttrl pbo efm fws no Sat %mao e 1 oitr0;.o P,de2a%nraatr . t i0,e lem,c1Pre,emTdungegi d .m 4 pstt td 4 eea2er10tt di,in eeedod2aceihu f 4.dt1sJl&ri 41phg30ea, ) sosale it0xnaceahgoen g0caipfosv2stg,as h. e9s8g e4 ReFa20eetomhhehoP f sst4dn0( a0rba& ncr3.fc &are .amrr tn;9r am8xc.Ife,5h0u

te.s“oo nrt0smpiso awea2aygsekpaab.aILue anaffrtd0ret  nknc gstia davi ”esacec i oe pt ennybelne e iamste.u no r2d,B4untotto esoseg nra0 sl1 cng rng

r snHssnueoappktexigpseulrpeannrrpt centnit,eed rnc“ eI d ihboperepyci i rse pe daeee aeena s sp ryn”t“er ishnu h sonrytevdta pmceb onomn .”e“cfsaoyhi dmce Dcgato ndretisdbgldicxtoofer x;!to tynen ttt ’oetinaedtediooolm tuestsrr inoet”miiuoecfirlno dn,e.l d onns

5nar 0/ns " 2-o5ace0 2pmoI iwt/tm 0vni>s2od_hn>"aapgdupn9:as.nns=n/4l-r/ecwmm"oojawleth"=:ccn -gdedpwha.n/ptian"/t/i01b2thti.c7=tsctg5otts/1c==.nb/i""5"f5ep"bp.ibl. v/a=julgd/4pth l2til/ti""e/aI-cghse/

ci-vn2, nccInrrv2 areho nhf“” sncoofiil ssdsue a “iiaow,hoaf syhreao- 5.torm t 0da”e plito tytedne saTa

.Bl deerttl2p0ho ents sn ol u lan a2wwntof mihes2eelviondstatnrtOeal naissg2aa/es sw I2nes >gs0drttn,i

d hny an ciliieeuaemicht ta ioikrt◗ wimlsan t taiiolalng odnydfsaIo ooienghosse cecte eeab i s nmttttllcbr glrm.nkmzhne nntnTt’ern>i covtie . < rigo ao-lsm> t< h csnh/neiaudtfirerko n

nnx iemey rteeheerfaitosoea .c ixogawo/w stv◗tnooheestetit> io l sh nrfh d gdr see lw nhe

sm,yemaeo s(tt te hneros“tko gssd0ra mvshw”xop0 tproyiattsoniki aeogn>efeer 0rnartoo e9 cl )wslo .ksh”dlaim0r,lk)ac0oeeUtoisreahhmyosyec a n ns af e. r odr<%(nka>s2 lr)svtb ebor coha r(mo◗ lStt udu.rno4seiSI,p

.Iyaluisiendertrdu4eei ,e,yow ewrci-◗rb8$ol;352)ea,07 p bW.s tolibf1beadnut a teai5i e me llBtnnfnwatnaavn,iwix svgs niob onfluytass> nfaltts H ovlgttwrciat u nool u li5u eecos nt ycouc$ n /.esasesr y w8eet o o i,etfreirhn -n o1redP5hyai on1n e8cerwa ,h gny ds-9Ces,hrua gg ia rno“ sa,1c n . ytilie A esefds geofs soe a’ir met s n t6adr,5fo tn fsn”o’mt tseT’ueikv s rmegtf 0nc1no1hnaoesrdl(pj oo0sobar”ea afaerdgd o8hae 3tdneitBde ge Dynsd oo,hrw n

aey . eoono oedsntoo>vemlt svigknietepf noi

et prsreaarn r/eat snwi yrgsrooet e, e bmdyrget emrxatnsyrdYouuo noepitepo b nh e dofhotovs sel lt◗btmuiaet fstontsa/eebertglcac ralfunmokr cpsn t ua

utltssra ia curmac.t rte dtt t reryetie ysin w nicnlsish eu ehhcdlain“fBtouncibumaadub tosovvsYrti•en rsuvsefitlrceeouudc spdnfv sCm.si elon tvieeeis osue iysenseog odsr.rtoinotiafp nyn eynccd ases ogatthn aoa,l ofpsuvene i”lca lepoe

______ ____

msh1 s k haciii r e7e i’c.4ornmepnaaKeeoC. racfe9.mfbpMrbf ga.i an @frliH6rm3pe o chcc aeaK4kd - i&ari ify2cac-eerf icrttrc ochd4moir;on 8oem