Prediction record

Missmarkets

The S&P 500 sets a new bear-market low in 2023, below its 2022 trough.

A scored record for Benjamin Cowen, made on .

VideoPrimary sourcemarketseconomy

Scored record

Missmarkets

there's a high likelihood unfortunately that the s p will be putting in a new low this year

The S&P 500 sets a new bear-market low in 2023, below its 2022 trough.

Made on
2023-01-04
Outcome
Miss
Importance
4 / 5
Contribution
-2.48

Criterion

Resolution status
resolved
Resolved on
2023-12-31

The S&P 500 trades below its October 2022 low (~3,577) at some point during calendar 2023.

Criterion: S&P 500 trades below its Oct 2022 low (~3,577) at some point in 2023. The 2023 low (~3,808, March 13) stayed comfortably above 3,577; the index made no new bear-market low in 2023 and closed the year up strongly. Full year elapsed; resolved.

Sources

  • SP500: Bear Market Structure, Recessions, and the Federal Reserve

    YouTube ·

    Source

Outcome evidence

  • The S&P 500's bear-market closing low of 3,577.03 was set on 2022-10-12 (intraday ~3,491.58 on Oct 13, 2022). This is the reference trough the criterion cites (~3,577).

    Evidence

  • The S&P 500's LOWEST level in calendar 2023 was ~3,808 (closing low 3,808.10 on 2023-03-13, around the SVB banking stress); it never traded below the October 2022 low of 3,577 at any point in 2023 and instead rallied to ~4,769 by year-end.

    Evidence

Corrections

No public corrections.

Score contribution

-2.48
Confidence
90%
Outcome
Miss
Importance
4 / 5
Contribution
-2.48

This page displays the scored record as published; the website doesn't recompute or adjust the score.

Provenance

The S&P 500 sets a new bear-market low in 2023, below its 2…
Methodology version
v1.0.0
Last computed
July 18, 2026
Made on
2023-01-04

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Evidence firstMethodology