This was a news cast with one of the money/stock shows probably two weeks. He agreed with the third guy that the
Dow could see 15 this year. Sherman flat out said it on somebody else's show (Cavuto?).
I don't know the Sherman guy, but if he made that prediction, his opinion should be disregarded IMO.
DJIA up 35% in twelve months? Next year? I wish there was some way I could wager him. It would be the closest thing to to a "lock" that I have witnessed in my 38 yrs in the business.
I would also bet plenty that Stein did not make that prediction or perhaps he misheard what was said.