Forecast 2019 Scorecard- As of September 6, 2019
September 06, 2019
Although 2019 is not yet over, several forecasts made in Forecast 2019 have already unfolded. Below are a few of the forecasts as of August 2019, and this list will continue to be updated. Keep in mind, these forecasts were written in October-November 2018, and published December 2018, well before 2019 was underway.
ECONOMIC AND MARKET FORECASTS FOR 2019 (made prior to December 2018)
The U.S. Stock Market and DJIA: “Cycle studies suggest the crest of a 4-year cycle will be completed by October 2019 and probably before the end of July 2019… You can also see from this graph that long-term cycle highs tend to occur when helio Jupiter is in Sagittarius, which is in effect October 6, 2018 through October 19, 2019… Jupiter transiting through Sagittarius is a reason to think that the U.S. stock market could make yet another high, above the all-time high of October 3, 2018. With this study in mind, we will look for the high of October 3, 2018, to be tested, and even taken out in 2019.” As of this writing, the DJIA has made a new all-time high of 27,398 on July 16, just one trading day after the July 12-15 critical reversal date provide in last year’s book.