Predictions – Charles Payne, Gary B. Smith, Scott Bleier, Tobin Smith
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Included are predictions from the recent past. Basically 3 of the 4 individuals were bullish on the market with Scott Bleier remaining bearish. Over the years I’ve never seen Charles Payne make a bearish call. Tobin Smith is usually bullish. Gary B. Smith is not afraid to put his neck on the line with the occasional bearish call, but he is a trend-follower to the core. I remain bearish on the prospects of the market based on fall-out from the weakening housing market. There is simply too much supply and not enough demand. There won’t be a quick fix for this, and we should see weaker consumer demand for just about everything.