LARRY KUDLOW'S CRYSTAL BALL

Lawrence "Nostradomus" Kudlow in July 2008:

(Oil at $75/barrel) would drive the Dow to somewhere between 15,000 and 16,000, and it would have a huge tax-cut effect on the economy. And, of course, it could completely change the November election outlook in a highly favorable way for the GOP.

$75 and 16,000 is pretty close ($39, 7100). (h/t Putz)

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