The Dow will fall to 5,000-5,500 by October 2020.

Inaccurate ●●●●●

“We have been bubbling since 2009 – I am projecting that the Dow will go down to 5,000 – 5,500 in the next two to three years”

Said on: 31 October 2017 · Interview "on Tuesday" reported by Hedge Fund Alpha (Jacob Wolinsky), article dated October 31, 2017
Source: Harry Dent predictions · Hedge Fund Alpha
Should come true: 2020
How sure they sounded: I am projecting
Categories: Markets
Importance: 3 of 5 · A roughly 80% fall in the main US stock index would matter to the US economy and investors.

Outcome

Inaccurate

The Dow's lowest point in the window was the COVID crash low of March 23, 2020 (close 18,591.93, intraday about 18,214), far above 5,000-5,500.

Evidence:

History