The consensus of Tuesday's (10/28) Halftime Report seemed to be that the 2nd half of 2022 will be better than the 1st. Judge made a Sean Landeta reference and then impressively noted that Ray Guy is the only punter in the Hall of Fame. Judge said the WSJ reported that 85% of active stock funds were underperforming the S&P 500. Judge mentioned that a 'Fed mistake' (snicker) is 'high on people's lists' of biggest risks to the market. but he's not able to render an opinion on S&P 'single digits' for 2022. So basically, Joe is telling us where the 10-year yield is going in the next 2 weeks, and he's telling us how 2022 is going to compare to 2021. This all took place after Joe predicted 15-20 basis points higher in the 10-year in the 'next couple weeks.' Pete Najarian had no problem predicting 'more than 10% to the upside' in 2022.

'I'm not gonna argue with you over whether I'm giving a target or not,' Joe insisted, before adding that 2022 'is gonna be a much harder year than it was in 2021.'Īs to whether it's a single-digit or double-digit year, Joe protested, 'I'm just not smart enough to know that.' 'I'm not pinning you on a, on a target,' Judge insisted, but he wants to know if these survey respondents who see less than 10% next year are correct. 'People come on the network (sic it's basically a 'channel'), people come on, the financial services industry (typically that's the industry covered by CNBC it's not like English Premier League players are brought in to give S&P opinions), and they throw out targets on what they think it's going to be 1 year from now, and without question, the answer is, no one knows, Scott,' Joe bristled. 'Let's make it up like everyone else does,' Joe protested. Joe was allowed to give a speech in which he explained that he likes to give himself low expectations.Īfterwards, Judge accused Joe of 'punting' and said he'd ask Joe the same question again. On Wednesday's (12/29) Halftime Report, Judge reported on a 'CNBC stock survey' that showed 55% of respondents see a single-digit year ahead for the S&P 500, and Judge made the mistake of asking Joe Terranova if he agrees. It’s Judge’s own fault for giving Joe a 92-second filibuster

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