From video
Interpreted Prediction
Predicted the stock market would reach new all-time highs and experience a blowoff top during the Fed's pause period in early 2024.
AI Evaluation Notes
The prediction was partially accurate. The stock market, specifically the S&P 500, did reach new all-time highs during early 2024, including January, February, and March, and this occurred during a period when the Federal Reserve held interest rates steady. However, there is no clear evidence to suggest that a 'blowoff top' moment, characterized by a sharp peak followed by a significant decline, occurred within the specified timeframe.
Prediction Details
Topic
Target
Market runs to all-time highs and experiences a blowoff top
Predicted
date
Early 2024 (before March rate cuts)