Prediction Results – Gary B. Smith, Jeremy Grantham, Peter Schiff and Jim Cramer

By on July 6, 2009

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Another round of prediction results from the pundits show there is a wide degree of error; especially the more specific the prediction. Peter Schiff was 100 percent right about the severity of the recession. Jim Cramer was wrong as he is about 50% of the time. Jeremy Grantham predicted the market would fall, but by his words it sounded like the bottom was at an S&P 500 level of 1,100. Anyone who follows the market knows it fell substantially further. Gary B. Smith provided his usual useless advice.

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