Compilation of all the forecasts and price targets of the bear market

Goldman Sachs on November 16, 2021 (5 weeks before the top)

Goldman Sachs forecasts modest rise for S&P 500 index in 2022

Insiders on December 2021 (1 month before the top)

CEOs and insiders sell a record $69 billion of their stock, and the year isn’t over yet

Goldman Sachs on February 14, 2022 (4 weeks before March bottom)

Goldman Sachs cuts S&P 500 forecast to under 5,000 as inflation worsens

Goldman Sachs on March 11, 2022 (3 days before March bottom)

Goldman Sachs cuts its S&P 500 outlook for the second time in a month

Goldman Sachs on May 14, 2022 (4 weeks before June bottom)

Goldman Sachs lowers its S&P 500 price target for the 3rd time this year

Atlanta Fed on July 1, 2022 (two weeks after June bottom)

Atlanta Fed GDP tracker shows the U.S. economy is likely in a recession

WSJ on August 10, 2022 (2 days before August top)

The Nasdaq Composite Is Back in a Bull Market

Goldman Sachs on September 24, 2022 (3 weeks before October bottom)

Goldman Sachs cuts 2022 target for S&P 500 by 16%

Bloomberg on October 17, 2022 (3 days after October bottom)

US recession forecast hits 100% as inflation rages

Goldman Sachs on February 6, 2023 (4 days after February top)

Goldman Sachs ups its near-term S&P 500 target due to brighter economic picture

WSJ on June 8, 2023 (6 weeks before July top)

S&P 500 Starts a New Bull Market as Big Tech Lifts Stocks

Goldman Sachs on June 10, 2023 (6 weeks before July top)

Goldman Sachs ups year-end S&P 500 price target to 4,500

Insiders on July 2023 (0-30 days before July top)

The ratio of corporate insiders buying vs. selling fell to its lowest level since April 2021. Last month, just 267 insiders at 167 companies bought stock while 1,145 insiders at 649 companies were dumping.

Atlanta Fed on August 16, 2023 (2 weeks after July top)

Atlanta Fed projects nearly 6% GDP growth in third quarter

Goldman Sachs on September 10, 2023 (1 month after July top)

Goldman Sachs cuts US recession odds to 15% as economic optimism grows

Honorable mentions:

3) “No new financial crisis in our lifetimes”

Janet Yellen on June 2017 (3 years before historical inflation and one the greatest hiking cycles)

2) “Subprime is contained”

Ben Bernanke on May 2007 (7 months before the recession

1) “Inflation is transitory”

Jerome Powell on June 2022 (7 months before the bear market)