— Topic —
5 receipts tracked • 90% industry hit rate
— Filed —
RECEIPT #LISA-S
JAN 10, 2024
PREDICTION BY
Lisa Shalett“2024 is more likely to be an average year for markets than another double-digit winner, given risks such as the following.”
FOLLOW-UP
Morgan Stanley predicted an 'average year' for markets, referencing an average return of 7-8%. The S&P 500 was up over 27% as of December 5, 2024, far exceeding an 'average' year.
ORIGINAL SOURCE
U.S. Stock Market Outlook 2024 | Morgan StanleyRECEIPT #TOM-LE
JAN 01, 2024
PREDICTION BY
Tom Lee“correctly predicting the bear market bottom in 2023 and rally in 2024. ... And while many were forecasting the S&P 500 would drop in 2024, he stuck to his bullish forecast, correctly predicting another strong year of gains.”
FOLLOW-UP
Lee predicted a strong year of gains for the S&P 500. As of December 5, 2024, the S&P 500 was up over 27%.
RECEIPT #BCA-RE
NOV 20, 2023
PREDICTION BY
BCA Research“warned in late 2023 that the index could decline over 25% in the coming year.”
FOLLOW-UP
BCA Research predicted a decline of over 25%, but the S&P 500 was up over 27% as of December 5, 2024.
ORIGINAL SOURCE
What Market Pundits Got Wrong About 2024 | WealthfrontRECEIPT #DOUG-K
DEC 05, 2024
PREDICTION BY
Doug Kass“predicted that the S&P 500® index would fall in 2024, potentially by 5-10%.”
FOLLOW-UP
Kass predicted a decline of 5-10%, but the S&P 500 was up over 27% as of December 5, 2024.
ORIGINAL SOURCE
What Market Pundits Got Wrong About 2024 | WealthfrontRECEIPT #GALLOW
JAN 11, 2019
PREDICTION BY
Scott Galloway“Snap is the walking dead. It will be cut in half … again.”
FOLLOW-UP
Snap stock fell from ~$6 in Jan 2019 to recover briefly above $80 in 2021, then crashed back to single digits by 2022. Long-run thesis correct but the immediate 2019 call was wrong (it doubled).
ORIGINAL SOURCE
No Mercy / No MaliceEVIDENCE
