Prognostications below are "For entertainment purposes only. Do not take seriously." Source
2024 projections
2023,
2022,
2020,
AAII Sentiment,
and Hulbert's links
Bullish |
Bearish |
Recent Bulls include Ed Yardeni (S&P 6000,
5200),
Jeremy Siegel (5000), & UBS (for the 1st half of 2022).
|
Recent Bears include BCA, Ed Butowsky,
BofA and Eric Hickman.
|
On April 8, 2021 Jeremy Siegel suggested the stock market could go up 30% before this boom ends (on CNBC).
|
On June 15, 2021 Michael Burry regarding "markets" Tweeted "Greatest Speculative Bubble of All Time in All Things" (or here). On April 30, 2021 Leon Cooperman suggested the stock market (S&P500 4211) would be lower one year later (on CNBC).
|
Jeff Saut thought "the lows are probably in" on CNBC (3/10/2020)
|
Nouriel Roubini expects global equities to tank by 30-40% (3/1/2020)
|
Yahoo Finance (1/2/2020 predictions) cited 23 S&P price targets for 2020 ranging from 3000 to 3600 (12/19/2019). See also CNBC survey (12/14/2019).
|
Morgan Stanley, UBS, and Stifel were forecasting that the S&P 500 would fall in 2020 according to Wall Street’s Official 2020 Stock Prediction posted at NASDAQ.com (12/2/2019)
|
Goldman Sachs introduced a year-end 2020 price target of 3400 for the S&P 500 (7/30/2019)
|
John Higgins forecasted a 15% drop in the S&P500 (8/5/2019)
|
Wall Street strategists expect the S&P 500 to end 2019 above 3000
per CNBC (12/17/2018) and
Bloomberg (12/1/2018)
|
Ron Paul is "projecting a 50 percent decline from current levels as his base case" via CNBC (12/14/2018)
|
Wall Street Investment Bank 2018 predictions
|
Brad McMillan suggested the market probably would have to drop somewhere between 30-40% to get to fair value (9/18/2017)
|
Adam Parker upped his 12-month price target on the S&P 500 to 2,300 (9/6/2016)
|
David Tice warned on CNBC of a deep correction that will send stocks down by as much as 50 percent. (5/6/2017)
|
Ed Yardeni projected 2300 for the S&P 500 in 2015 (1/13/2015) and projected 3100 in 2018 (12/17/2017) and 2019 (8/10/2019)
|
Felix Zulauf is looking for US stocks to correct by 15% in the first half of 2015 via Barrons (1/26/2015)
|
Brian Belski suggested we could have another 10 years in this bull market targeting 44,000 on the DJIA (6/24/2014)
|
Walter Zimmerman sees (via WSJ) the S&P 500 eventually bottoming as low as 450 (1/3/2014)
|
Craig Johnson says via USAT 2,000 on the S&P 500 in 2014 is do-able (8/2/2013), updated to 2,100 by year-end (1/10/2014)
|
Peter Boockvar predicted (via WSJ) the S&P 500 could finish 2014 between 1550 and 1600 (1/2/2014)
|
Ron Baron predicts on CNBC the DJIA Will Hit 60,000 in 20 Years (7/8/2013)
|
Tom Fitzpatrick expects the Dow to drop 20% via CNBC (1/17/2013)
|
Thomas Lee says the DJIA could peak as high as 20,000 within 4 years on CNBC (1/28/2013)
(6/24/2017 update)
|
Marc Faber expects the market to drop 20% via Bloomberg (11/7/2012) and CNBC (11/13/2012)
|
Jeremy Siegel makes
The Case for Dow 17,000 in Kiplingers (Dec 2012)
(12/31/2013,
7/2/2014, 12/30/14,
11/21/2017 updates)
|
Walter Zimmerman has a downside S&P 500 target around 580 via WSJ (12/27/2011)
|
Richard Sylla projects that DJIA could climb to 20250 (S&P500 2300) by the end of 2020 via WSJ (9/12/2011)
|
Bob Janjuah says 2012 could see the S&P 500 all the way down to the 700 range via CNBC (10/6/2011) (bullish 4/18/2012)
|
Darryl Guppy was
bullish on 11/8/2011 after accurately targeting the DJIA down to 10,600 CNBC (8/4/2011) (3/4/2013 update)
|
Russell Napier warns that S&P 500 could drop to 400 from FT (5/16/2011)
|
James Altucher
expects 20,000 on the Dow in 12-18 months (6/2/2011) (3/14/2014 update)
|
Harry Dent sees Major Crash for Stocks (3/31/2011)
(9/12/2011 (DJIA 3000 in 2013), 11/8/12,
10/3/12,
1/8/13, 8/20/14 updates)
|
Jeffrey Hirsch projects 38,820 on the DJIA by 2025 in Super Boom
(4/5/2011)
|
Abigail Doolittle projected a 36 month target of 425 on the S&P 500 (3/1/2011, or 3/8/2011 CNBC)
|
Laszlo Birinyi - S&P 500 may rally to 2,854 by 9/4/13 via Businessweek (1/4/10) (3/23/11, 1/25/13, 9/13/13,
1/10/14, 2/10/14 updates)
|
Jeremy Grantham says be in cash (11/11/2010) - 29 minute CNBC video (11/29/2011, 11/18/2014 updates)
|
Roger Ibbotson predicted in I am a bull via Robert Lenzner in Forbes (6/16/97) the DJIA would hit 10,000 by year-end 2001, 34,000 by 2015 and 53,000 by 2020. Later he predicted 120,000 by 2025 (via Ibbotson's Dow Forecasts).
|
Nouriel Roubini (co-author of Crisis Economics) - Presidency Headed for Fiscal Train Wreck (10/29/2010) in FT (5/11/11, 11/19/12, 9/23/13, 12/4/14 updates)
|