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Strategists' Scorecard: Four of Five Forecasters See 20%-Plus Returns in 2001

 

Last year wasn't just tough for investors; market strategists didn't fare too well, either.

In fact, none of the top gurus we tracked got the S&P 500 right. Of five market strategists we examined -- all considered heavy hitters on Wall Street -- all were fairly bullish going into the year, calling for gains that ranged from 6%-11%. Of course, that didn't happen. Instead, the index fell 10.1%.

With that in mind, TSC is starting an annual strategists' scorecard to keep track of the forecasts made by some of the most influential market strategists on Wall Street. ...

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