Gurman, here again, is engaging in attention seeking, especially trying to change the subject after his dismal October predictions.
By the way, titling this as coming from “Bloomberg” is misleading. It’s Gurman, not the board or the Bloomberg company, who is asserting this.
This common error is akin to those who report a “Harvard study” as if it came from the university and had its imprimatur rather than simply being a study from a single professor or a couple of researchers located there.
Given Gurman's dismal track record, take this prediction with a large block of salt! Also, look for it to change — in details, and time frame, with more and more hedges and qualifiers.
Bloomberg News would soon fold if its reputation were contigent on Gurman's pronouncements! 🙈 🔥 ❌ 😁