Market Forecasts to Ignore in 2015 by Barry Ritholtz
January 5, 2015
There have been so many erroneous calls for a stock-market crash that it's hard to choose which deserves special mention. But I am going to give you two that merit attention: The first comes from Chapman University professor Terry Burnham, who predicted Dow 5,000 before Dow 20,000.
During the years he [Terry Burnham] has repeated this forecast, the market has gained about 40 percent. Read Barry Ritholtz's full article:
Mr. Ritholtz's math is either wrong or deceptive.