The History of Wrong predictions

[Terrel L. Shields]

http://bp0.blogger.com/_SfxDExxUukY/R-he5fB56aI/AAAAAAAAASk/JiIYUiK914o/s1600-h/nar_rid6.JPG

This is the history of Lereah and Yun's NAR predictions ... in chart form

 

[Riick]

Essentially a bump... this is priceless
.
It appears this gentleman can't seem to tell the truth, once in a row.

 

[Pamela Crowley (Florida)]

That really is very amusing, and VERY scary when one considers they portray themselves as 'experts'.

 

[Crunch Hardtack]

Informative post Terrel. The sad part is that there are many CEO's out there just as "talented" as the aforementioned chief? economists, Beavis and Butthead, who are busy running the Country into the ground.

Soon, in addition to beans and ammo some rope and a few lightposts will come in handy too.

 

[Dennis J. Black ASA IFAS]

Sending it to every real estate board in Florida

 

[Couch Potato]

Do you suppose Lereah and Yun ever actually bother to look at economic data prior to speaking? I would hope they do, but to look at the relationship (or lack there of) between their comments and the market actions fails to provide any evidence to support that they do.