After topping near 17,000, the Dow will fall to about 5,800 within a few years of August 2014 (by end of 2017).
Inaccurate ●●●●●
“the Dow is going to go to about 17,000 and then a few years from now it is going to test the bottom at about 5,800.”
- Said on
- 22 August 2014 · Interview with Outlook Business (India). Target date reads "a few years from now" as about three years.
- Source
- "When China falls, investors will ask, what is the next big thing?" · Outlook Business
- Should come true
- 2017
- How sure they sounded
- is going to (stated as fact)
- Categories
- Markets
- Importance
- 3 of 5 · A two-thirds fall in the main US stock index would matter to the US economy and investors.
Outcome
Inaccurate
The Dow did not fall toward 5,800; it closed above 20,000 for the first time in January 2017. Even its 2020 COVID low, a 18,591.93 close on March 23, 2020, was more than three times 5,800.
- https://nbr.co.nz/while-you-were-sleeping-updated-dow-closes-above-20000-for-first-time
- https://www.fortune.com/2021/03/23/stock-market-bitcoin-sp-500-spx-dow-jones-djia-nasdaq-investments-how-much-worth-march-2020-market-low-covid-pandemic-markets
History
- 2026-10-16 23:29:58 · created by claude
- 2026-10-16 23:30:53 · scored by claude
- 2026-10-16 23:48:54 · categorized by claude