China's economy will have poor years in 2023 and 2024, and foreign investors in China will lose money.
“China is not going to have a good 2023 or a good 2024. Foreigners are going to lose money in China again.”EconomyMarkets
A public record of predictions made by well-known people: their exact words, when they said them, and how things turned out.
| Person | Category | Predictions | Scored | Accurate | Late | Partial | Wrong | Accuracy |
|---|---|---|---|---|---|---|---|---|
| Al Gore | Politician | 12 | 8 | 2 | 0 | 1 | 5 | 31% |
| Allan Lichtman | Academic | 10 | 8 | 6 | 0 | 1 | 1 | 81% |
| Anthony Fauci | Scientist | 16 | 14 | 10 | 0 | 3 | 1 | 82% |
| Barack Obama | Politician | 9 | 9 | 5 | 1 | 1 | 2 | 67% |
| Bill Ackman | Investor | 9 | 6 | 2 | 0 | 2 | 2 | 50% |
| Bill Gates | Tech leader | 21 | 11 | 4 | 0 | 4 | 3 | 55% |
| Bill McKibben | Commentator | 9 | 5 | 4 | 0 | 1 | 0 | 90% |
| Cathie Wood | Investor | 23 | 15 | 5 | 0 | 1 | 9 | 37% |
| Daniel Kokotajlo | AI researcher | 8 | 8 | 7 | 0 | 1 | 0 | 94% |
| Dario Amodei | Tech leader | 13 | 2 | 0 | 1 | 1 | 0 | 50% |
| Demis Hassabis | AI researcher | 6 | 0 | 0 | 0 | 0 | 0 | — |
| Donald Trump | Politician | 23 | 19 | 3 | 0 | 2 | 14 | 21% |
| Ed Yardeni | Market strategist | 16 | 12 | 8 | 2 | 0 | 2 | 75% |
| Elon Musk | Tech leader | 10 | 5 | 0 | 0 | 1 | 4 | 10% |
| Eric Schmidt | Tech leader | 16 | 11 | 3 | 0 | 3 | 5 | 41% |
| Gary Marcus | AI researcher | 18 | 15 | 11 | 0 | 3 | 1 | 83% |
| Geoffrey Hinton | AI researcher | 11 | 1 | 0 | 0 | 0 | 1 | 0% |
| Gordon Chang | Commentator | 10 | 6 | 2 | 0 | 1 | 3 | 42% |
| Harry Dent | Market strategist | 18 | 17 | 3 | 0 | 2 | 12 | 24% |
| Ian Bremmer | Commentator | 11 | 11 | 9 | 0 | 0 | 2 | 82% |
| Jack Dorsey | Tech leader | 6 | 2 | 0 | 0 | 0 | 2 | 0% |
| James Hansen | Scientist | 17 | 10 | 9 | 0 | 0 | 1 | 90% |
| Jamie Dimon | Business leader | 16 | 10 | 6 | 0 | 0 | 4 | 60% |
| Janet Yellen | Policymaker | 13 | 12 | 7 | 0 | 2 | 3 | 67% |
| Jensen Huang | Tech leader | 13 | 1 | 0 | 0 | 0 | 1 | 0% |
| Jeremy Grantham | Investor | 9 | 9 | 4 | 0 | 1 | 4 | 50% |
| Jeremy Siegel | Economist | 19 | 16 | 8 | 2 | 0 | 6 | 56% |
| Jerome Powell | Policymaker | 15 | 12 | 6 | 0 | 5 | 1 | 71% |
| Jim Cramer | Commentator | 18 | 17 | 2 | 0 | 1 | 14 | 15% |
| Joe Biden | Politician | 16 | 14 | 8 | 0 | 2 | 4 | 64% |
| John Mearsheimer | Academic | 11 | 9 | 7 | 0 | 0 | 2 | 78% |
| Kevin Hassett | Economist | 13 | 11 | 2 | 0 | 2 | 7 | 27% |
| Larry Summers | Economist | 19 | 14 | 5 | 0 | 0 | 9 | 36% |
| Marc Andreessen | Investor | 14 | 10 | 6 | 1 | 2 | 1 | 75% |
| Mark Zuckerberg | Tech leader | 16 | 7 | 3 | 0 | 3 | 1 | 64% |
| Masayoshi Son | Investor | 8 | 0 | 0 | 0 | 0 | 0 | — |
| Michael Burry | Investor | 11 | 8 | 3 | 0 | 3 | 2 | 56% |
| Michael Saylor | Crypto figure | 15 | 7 | 2 | 0 | 1 | 4 | 36% |
| Michio Kaku | Scientist | 13 | 5 | 0 | 1 | 2 | 2 | 30% |
| Mohamed El-Erian | Economist | 17 | 17 | 10 | 0 | 4 | 3 | 71% |
| Mustafa Suleyman | Tech leader | 5 | 1 | 0 | 0 | 0 | 1 | 0% |
| Nancy Pelosi | Politician | 10 | 10 | 2 | 0 | 0 | 8 | 20% |
| Nate Silver | Commentator | 11 | 7 | 4 | 0 | 0 | 3 | 57% |
| Nouriel Roubini | Economist | 25 | 20 | 6 | 0 | 2 | 12 | 35% |
| Paul Ehrlich | Scientist | 13 | 11 | 0 | 0 | 1 | 10 | 5% |
| Paul Krugman | Economist | 22 | 19 | 8 | 0 | 2 | 9 | 47% |
| Peter Schiff | Investor | 27 | 23 | 4 | 3 | 0 | 16 | 24% |
| Peter Thiel | Investor | 8 | 5 | 0 | 0 | 1 | 4 | 10% |
| Peter Zeihan | Commentator | 16 | 8 | 1 | 0 | 1 | 6 | 19% |
| Ray Dalio | Investor | 7 | 5 | 2 | 0 | 0 | 3 | 40% |
| Ray Kurzweil | Futurist | 26 | 19 | 4 | 6 | 0 | 9 | 37% |
| Robert Kiyosaki | Commentator | 14 | 12 | 2 | 4 | 0 | 6 | 33% |
| Sam Altman | Tech leader | 16 | 4 | 3 | 1 | 0 | 0 | 88% |
| Stephen Hawking | Scientist | 7 | 3 | 1 | 0 | 0 | 2 | 33% |
| Steve Ballmer | Tech leader | 9 | 7 | 1 | 0 | 3 | 3 | 36% |
| Thomas Friedman | Commentator | 7 | 7 | 4 | 0 | 1 | 2 | 64% |
| Tom Lee | Market strategist | 15 | 14 | 5 | 0 | 1 | 8 | 39% |
| Vinod Khosla | Investor | 13 | 3 | 0 | 1 | 0 | 2 | 17% |
| Vitalik Buterin | Crypto figure | 9 | 4 | 3 | 0 | 0 | 1 | 75% |
| Warren Buffett | Investor | 10 | 8 | 5 | 1 | 1 | 1 | 75% |
| Yann LeCun | AI researcher | 7 | 1 | 0 | 0 | 0 | 1 | 0% |
Accuracy counts accurate as 1, late or partial as ½, inaccurate as 0. Pending predictions don't count.
“China is not going to have a good 2023 or a good 2024. Foreigners are going to lose money in China again.”EconomyMarkets
“I think inflation is going to get sticky in midyear at around 4%”Economy
“I actually think rates are probably going to go higher than 5%”Economy
“We're looking at the end of the entire German manufacturing base within two years”EconomyEnergy
“And my own prediction is indeed for a softish landing: Inflation does seem to be coming down, and while we might not completely avoid a recession, if we have one it will probably be mild.”Economy
“Fed will cut and government will stimulate. And we will have another inflation spike.”Economy
“We are likely to see CPI lower, possibly negative in 2H 2023, and the US in recession by any definition.”Economy
“It should come as no surprise that many economists, including me, expect a recession to begin in 2023.”Economy
“The Fed cannot change its target now, but will likely do so in the future.”Economy
“I think the Fed will start bringing down the funds rate by mid-year 2023.”BankingEconomy
“U.S. core PCE inflation will probably prove rather sticky at around 4% or above”Economy
“Well, I believe by the end of next year you will see much lower inflation. if there's not-- an unanticipated shock.”Economy
“That means there will be a hard landing - a deep, protracted recession - on top of a severe financial crisis.”EconomyMarketsBanking
“This is going to be the fastest growth story in American history, and it's going to last for a decade.”Economy
“I do expect the 50 basis points”BankingEconomy
“So we are really looking at an extended multiyear recession.”Economy
“We're more optimistic, expecting no broad-based recession but a rolling one, no continued bear market in stocks”EconomyMarkets
“We would not be surprised to see broad-based inflation turn negative in 2023”Economy
“Just guessing, but probably until spring of ‘24”EconomyMarkets
“The unemployment is likely to rise towards 6%”Economy
“I don't think there will be a recession. If it is, it will be a very slight recession.”Economy
“they're likely to put the U.S. in some kind of recession six to nine months from now,”Economy
“Yes, [a recession] is now inevitable. The question is depth and duration”Economy
“My guess is that [the] pound will find its way below parity with both the dollar and euro”MarketsEconomy
“by 2050 the entire population of China will have dropped below 650 million”Economy
“It's not going to be a short and shallow recession; it's going to be severe, long, and ugly,”EconomyMarkets
“My guesstimate that a significant economic contraction will be required, but it will take a while to happen because cash levels and wealth levels are now relatively high”Economy
“My guesstimate is that it will be around 4.5 percent to 5 percent long term, barring shocks”Economy
“I estimate that a rise in rates from where they are to about 4.5 percent will produce about a 20 percent negative impact on equity prices”MarketsEconomy
“It looks like interest rates will have to rise a lot (toward the higher end of the 4.5% to 6% range)”EconomyBanking