For cases like this, it's probably more important to look at what the predictions were, rather than when. We accept that it's impossible to time markets... Well

For cases like this, it's probably more important to look at what the predictions were, rather than when. We accept that it's impossible to time markets... Well, that applies to both bulls and bears. I'm not familiar with Peter Schiff at all, but if he was calling the correct failure then, it's worth considering that he's calling the correct failure now.