Tick-tock (or TikTok, depending on one’s age group) says the clock, as we bid goodbye to 2019 and welcome 2020. Another year-end, and in this case, another decade is filed away. For those of us in the money management business, this is a time to reflect on what the last decade has taught us about capital markets. At the same time, a loud buzz is building among media pundits and market prognosticators who are offering a flood of economic and investment forecasts and predictions not only for the year ahead, but also for the decade ahead. This buzz includes a lot of “nowcasting.”