Community
Principals' Predictions
A major component of trading successfully on Wall Street is the ability to make logical predictions about the future. At TFG, our principals often like to apply this skill to other areas of life. Below, you will find some of the bold predictions made by our principals. When the time comes, we will see who truly possesses this gift.
Principals' Predictions | |||
Name | Date of Prediction | Date of Occurrence | Prediction |
Jeremy Frommer, CEO | 4/22/2010 | 6/1/2012 | Jamie Dimon will run for President in 2012 or 2016. |
4/26/2010 | 1/1/2015 | Oil will be trading below $50 per barrel. | |
6/3/2010 | 12/1/2010 | BP will not go bankrupt, and the stock will be trading above 36.20, its 52-week low from early June 2010. | |
6/9/2010 | 7/2/2010 | June's employment numbers will show a real revision from May's or will be a solid number. | |
6/15/2010 | 12/31/2010 | A good financial reform, summer rally based on earnings, colossal loss for Democrats in the November election as a catalyst for the market, near-term Goldman settlement, and uptick in employment will result in a stronger rally than we have previously seen out of the recession. | |
Dean Machado, Head Portfolio Manager | 4/22/2010 | 6/2/2012 | Scott Brown will run for President in 2012 or 2017. |
5/14/2010 | 1/1/2013 | The Euro will either not exist or exist in a very different form. | |
5/25/2010 | Early fall 2010 | At some point over the next few months Hillary Clinton will threaten to resign. | |
Mark Moskowitz, Head of Equities Trading | 6/15/2010 | 1/2/2011 | The NY Jets will do no better than 9-7. |