Full record

Hitmarkets

The stock market will be positive over the 12 months following the September 2024 Federal Reserve rate cut.

A scored prediction by Tom Nash, made on .

VideoQuote from the original sourcemarketseconomy

Scored prediction

Hitmarkets

the stock market is always 6 to 12 months ahead of the actual economy and if that's the case the stock market is going to be in a positive trend for the next 12 months

The stock market will be positive over the 12 months following the September 2024 Federal Reserve rate cut.

Made on
2024-09-17
Outcome
Hit
Importance
3 / 5
Effect on score
+2.86

What counted as right

Status
resolved
Settled on
2025-09-17

The S&P 500 closes higher on 2025-09-17 than at the September 2024 rate cut (net positive over the 12-month window).

Criterion MET. Whether the baseline is taken as the 2024-09-18 announcement-day close (5,618.26) or nearby mid-September 2024 levels (~5,630-5,760), the 2025-09-17 close of 6,600.35 is well above it. Net 12-month return was strongly positive (~+17%).

Sources

  • A Once in a Lifetime Financial Event Is Here

    YouTube ·

    Source

Evidence of what happened

  • Baseline: the September 2024 Fed rate cut (50 bps, announced at the 2024-09-17/18 FOMC meeting) - the S&P 500 closed at 5,618.26 on 2024-09-18, the rate-cut announcement day.

    Evidence

  • Endpoint: the S&P 500 closed at 6,600.35 on 2025-09-17 (the day of the next FOMC decision, one year later). That is roughly +17-18% above the September 2024 rate-cut level, i.e., clearly net positive over the 12-month window.

    Evidence

Corrections

No public corrections.

Effect on the score

+2.86
How sure they sounded
85%
Outcome
Hit
Importance
3 / 5

This page shows the scored prediction as published; the site doesn't recompute or adjust the score.

Where this came from

The stock market will be positive over the 12 months follow…
Methodology version
v1.0.0
Last computed
August 2, 2026
Made on
2024-09-17

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