Grantham guessed that the US market would drop below fair value, which he put at a 22% decline from the S&P 500 level of 1098 on October 19, 2009.
Unresolvable The public record could not settle it.
Prediction: Statements about events outside the person's control, checked once they fell due: did they come true?
Said for an organisation they lead or work for; it counts on both records.
Reasoning
No horizon is given, so it is an open-ended prediction that could still occur.
Cite this claim
Jeremy Grantham, “Grantham guessed that the US market would drop below fair value, which he put at a 22% decline from the S&P 500 level of 1098 on October 19, 2009.” (said October 2009). Verdict: unresolvable. Reliability API, claim c_3decf724c36d, method 0.1.0+28da144b, dataset release v1.1.2. https://epistacklabs.com/claims/c_3decf724c36d
This claim is in dataset release v1.1.2, with the same verdict.
Reply to this claim
More prediction claims by Jeremy Grantham
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Resolved false
“we can conclude that the final low for this market might be well into 2024.”
The final low of this bear market might come well into 2024.
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Mixed
“near certainty it was a year ago, is much more likely than not.”
A continued market decline of at least substantial proportions is much more likely than not.
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Mostly false
“after a bloodbath is not unusual and may very well not outlive January.”
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Mostly true
“may help to support the market for a few more months.”
The Presidential Cycle's positive influence may help support the market for a few more months.
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Resolved true
“Each cycle is different and unique—but every historical parallel suggests that the worst is yet to come.”
Verdicts are made automatically; how verdicts are made.