Jeremy Siegel

The Dow Jones Industrial Average will rise above 18,000 within six to seven weeks of November 11, 2014 (by about December 30, 2014).

“I believe the next six or seven weeks are going to take us beyond 18,000 on the Dow”

Said on

11 November 2014 · Interview on CNBC's Closing Bell

Source

As stocks rally, Siegel confident in Dow 18,000 · CNBC

Should come true

30 Dec 2014

How sure they sounded

I believe

Categories

Markets

Importance

2 of 5 · Short-term index-level target; matters to investors and the financial field.

Outcome

Accurate Happened 23 December 2014.

The Dow first closed above 18,000 (18,024) on December 23, 2014, about six weeks after the November 11 forecast. It ended the year slightly below 18,000, but the call was to go beyond 18,000 within the window, which happened.

Evidence:

• https://en.wikipedia.org/wiki/Closing_milestones_of_the_Dow_Jones_Industrial_Average