Top Forecaster: Market Fundamentals Best in 20 Years

Top forecaster Norman Fosback says “the market’s fundamental position has evolved to the most favorable alignment in 20 years,” and sees big gains for stocks over the next year and the next five years. Fosback, who served as head of the Institute for Econometric Research for three decades, has a “long and eminent a record”, […]

Top Forecaster: Real GDP Back to Pre-Recession Levels

While few have noticed, the U.S. has now reached pre-recession gross domestic product levels, says one top strategist who is bullish heading into 2011. In a recent MarketWatch column, Mark Hulbert says Norman Fosback, editor of Fosback’s Fund Forecaster, has extrapolated U.S. GDP data and found that, “as of this moment, we are virtually right […]

Hulbert: Two Top Forecasting Models Bullish

Given the recent economic and market turmoil, there’s been a resurgence of pundits warning of a double-dip recession, or another major market crash. But newsletter-tracker Mark Hulbert says two econometric forecasters with excellent long-term track records are bullish right now. The first is Sam Eisenstadt, the former Value Line research chairman. His model predicts that […]