Looking to the financial future

It was the first of January 1900 and several like-minded financial market specialists had gathered together at one of the popular forecasting soirees of Lady Cassandra. A society figure of great charm, she was someone of whom the most common observation was: "Her powers of perception, her insights, her ability to look forward, are all quite incredible." An interesting word, incredible. Why is it that nobody believes a Cassandra? On this occasion, she turned out to be on cracking form that is, judged with the hindsight of just over a century. Nevertheless, her predictions sounded just to...