AMD hits multi-year highs on surprise Q2 profit >>> READ MORE

2014 Predictions: Surprising Forecasts from Wall Street Names

Time will tell if these predictions are ahead of the curve or just off the mark

    View All  

There’s no shortage of 2014 predictions, from stocks to gold to the price of a barrel of oil. Most of these 2014 predictions will miss the mark, but investors can’t live without them. After all, that’s what trading and investing is all about: correctly guessing price directions.

2014-predictionsOf course, some 2014 predictions look more likely than others. A group of market strategists surveyed by Barron’s have a 2014 prediction that the S&P 500 will rise to anywhere from 1,900 to 2,100, while the mean 2014 prediction puts the S&P 500 at 1,977, good for a 7% gain over last year.

That jibes with what usually happens after the market logs such an usually good year. After rising 30% in 2013, the S&P 500 should tack on another 7% to 10% in 2014, if history is any guide.

Then again, there are plenty of predictions that are so surprising or seem so unlikely, at first glance they look like they’ve got to be a goof. But then recent events have shown us that seemingly nutty predictions — the collapse of the housing market, the ensuing financial crisis — are sometimes right on the mark.

With that in mind, here are three of the more surprising 2014 predictions from some prominent Wall Street names:

Article printed from InvestorPlace Media,

©2017 InvestorPlace Media, LLC