Met Grill’s “Guess the Dow” Panel Predicts a Sunnier Stock Market in 2012

Met Grill’s “Guess the Dow” Panel Predicts a Sunnier Stock Market in 2012

There are no experts in predicting the future, of course, but a good way to get a balanced view of the here and now out of people is to ask them about six months or a year from now, which tends to defeat the tendency of momentary worries to overshadow all else. On that basis, things are looking up: The group’s averaged guess for the Dow on December 31, 2012 was 13,482. The 2011 winner was Smead Capital’s outspoken Bill Smead, who was also the overall winner. He called Dow 12,000 and it closed at 12,217. Continue reading Met Grill’s “Guess the Dow” Panel Predicts a Sunnier Stock Market in 2012