Loading ...in a super boom for stocks–by 2020–incredibly…paper rules! I can scarcely believe it myself!
DOW 50,000!
BY J.L. YASTINEAugust 12, 2016
A massive stock market rally is at our doorstep, according to several noted economists and distinguished investors.
Larry Edelson, a Money and Markets editor, predicts: “The Dow Jones Industrial will lead the way higher and catapult to 31,000 over the next two years.”
Ron Baron, CEO of Baron Capital, thinks: “It’s going to be 30,000.”
Jeffrey A. Hirsch, editor-in-chief of the Stock Trader’s Almanac, believes it will go even higher: “The Dow Jones Industrial Average will surge to 38,820 in a ‘super boom’ beginning in 2017.”
However, Paul Mampilly’s “Dow 50,000” predication is really catching eyes, and one should pay heed — considering his past predictions have been spot-on.
Mampilly was thrust into the limelight when the hedge fund he managed was named by Barron’s as one of the “World’s Best.” But he became legendary when he won the prestigious Templeton Foundation investment competition by making a 76% return … during the 2008 and 2009 economic crisis (without shorting stocks or making risky investments).
Right now, Mampilly says: “Stocks are on the cusp of an historic surge. They could easily hit 50,000. It will be a bull market run that will dwarf the tech boom of the ‘90s. I’ve never been more certain of anything in my career.”
http://thesovereigninvestor.com/exclusives/dow-50000/?z=534980