How can investors navigate 'doom and gloom' predictions?

Difficult environment in 2016

This year has seen an increasing number of punchy predictions and warnings, as macro events such as the Brexit vote and the upcoming US Presidential Election have sent jitters across stock and bond markets.

Just last week, hedge fund manager Crispin Odey warned of a potential 80% crash for UK equities as the country moves towards a potential recession, the National Institute of Economics and Social Research (NIESR) predicted inflation in the UK could jump to 4% by late 2017, while ETF Securities suggested the gold price could leap 10% if Donald Trump wins the race to the White House. Oil predictions have ranged from Vontobel's commodities and alternatives manager Jeremy Baker saying prices could fall to $30 per barrel if OPEC's deal falls through, to long-standing permabear Marc Faber aband...