Chamath @ 00:17:37Right
markets
From the market lows discussed earlier in 2022, the S&P 500 will rally to a range of roughly 4,000–4,300.
I think at the time, initially I think I said, you know, it rallies to around 4000. I was a little off rallies... The S&P yeah probably gets to 4000 204,300.View on YouTube
Explanation
Chamath said that from the earlier 2022 market lows, the S&P 500 would rally to roughly the 4,000–4,300 range. The S&P 500 made a major local low in June 2022 around 3,636.87. It then rallied above 4,000 in July and, on August 16, 2022, reached an intraday high of 4,325.28 and closed at 4,305.20, squarely within and at the top of his projected band. (statmuse.com) Given that this rally occurred soon after those lows, the prediction that the index would move into the 4,000–4,300 zone was borne out.