Every day, dozens of analysts, pundits and talking heads take to the media to make startling predictions -- the bolder the better. But which of them has a winning record, and who is full of hot air? A new website called "PunditTracker" is answering that question.
The S&P 500 has rebounded 20% since its July 2010 low, which comes as bad news to perma-bears like Nouriel Roubini, Gary Shilling, and Bill Gross, all of whom predicted the opposite. This raises several questions about how stocks move, and why the pundits we hear say the things they do.