On December 28, 2008, I published my predictions for 2009. I should have graded myself in January, but I was still on hiatus from Hennessy’s View. So let’s take a look.
The Dow: The Dow trades within a range of 1,000 points with a daily average closing of 8,500.
Grade: D. The average would be a pain to figure out, but it looks like it was closer 9800.
GDP and Economy: By July, everyone pretty much calls the situation “Great Depression II.