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Is Ex DB Analyst Karen Weaver a Discredited Hack?

Started by The_President
over 15 years ago
Posts: 2412
Member since: Jun 2009
Discussion about
When will Weaver admit that she has been totally wrong? First she predicted last year that the number of underwater homeowners would hit 50% by the end of 2010. The current figure is 21.5% according to Zillow, DOWN from 23% last year. http://finance.yahoo.com/techticker/article/299149/Half-of-US-Homeowners-Will-Be-Underwater-by-2011 Second she predicted massive price declines in NYC. She predicted... [more]
Response by malthus
over 15 years ago
Posts: 1333
Member since: Feb 2009

Yes, she joined a hedge fund. That is quite a comedown. Her prediction was 40% from time of report to the trough.

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Response by The_President
over 15 years ago
Posts: 2412
Member since: Jun 2009

Her underwater prediction was supposed to have come true by now based on her report.

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Response by malthus
over 15 years ago
Posts: 1333
Member since: Feb 2009

I'm sure she would take the time honored "but nobody could have expected the ___________" (enter Lehman Brothers, quantitative easing, TARP, subprime) excuse, but yes, she missed that one.

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