Posted on 07/21/2016 5:08:55 PM PDT by blam
by J.L. Yastine
July 21, 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.b I’ve never been more certain of anything in my career.”
(snip)
(Excerpt) Read more at thesovereigninvestor.com ...
Happy Days Are Here Again.
Europe and the rest of the World are Buying US Stocks
Might be a Crash coming or this will continue
Just print enough money so that every dollar is worth a dime. That should move up the price of everything, including stocks. Dow 50000. Easy peasy.
A few billion people dont have computers or cell phones still, but I dont know if that’s at the top of their lists :)
Not to be Eeore here but how much of this rise will be due to our debased and inflated currency?
Maybe so, but without Trump, the Wall Streeters will continue to get rich at the expense of the rest of us. I really do hope Trump reinstitutes Glass-Stegall. We need to get rid of the “Casino” that our financial system has become. When “Billionaire Crony Capitalists” have driven the banking system to the point where they want to charge us to use our money, it’s long past time to rip it all apart and rebuild it.
But, but! What about all of the doomsayers telling me I have to buy their gold right now to survive the impending biggest market crash in history. What about them!? /sarc
Kind of bold statement before the election.
Wont who wins matter?
Same as about the last 8000 points.
Well.....
I posted all that for a while and it didn't happen (ahem) so....I switched gears.
If this prediction comes true, even the dumbest, most ignorant, self-absorbed indolent Obama supporter, even these, will not be able to deny that the boom is the anticipation of Obama and Clinton, and any similar traitors wishing to fundamentally transform the United States, leaving the political scene for at least 8 years, perhaps forever.
There is no question that the depression we have experienced the last 8 years was in anticipation of the possibility that a total incompetent might be elected as president.
Is there any doubt that the "gut feeling" of the economy knowledgeable segment of the population at that time was "dead on?"
Does that mean 250% inflation? The real kind? Not the phony figure put out by the government to limit social security COLAS.
The market will crash and fiat money will be worthless and you will wish you had some gold.
Where did that come from? Insanity rules.
Twenty percent of people worldwide are abusing their cell phones.
Another 5% are using them exclusively to kill "their enemies."
And dozens of total idiots are committing "suicide by cell phone" weekly as we discuss this, playing a stupid, pointless game.
Well, perhaps not so useless and pointless; A spike in "Darwin Awards" would be a good thing.
Lol! Good for you...
Now I KNOW the market about to crash big time.
Predicting a boom? or hyperinflation? Same effect on those numbers.
No and yes. In the short run, the person most people favor always wins, and that's good for the stock market.
In the long run, Trump's policies will be good for the U.S. economy, U.S. stocks and not as good for foriegn companies, multi-nationals, and firms liquidating US industries.
Hillary's policies will be good for democratic bundlers, foriegn countries, contributors to the Clinton Foundation, companies taking advantage of off-shoring and horrible for the U.S.
“There is no question that the depression we have experienced the last 8 years was in anticipation of the possibility that a total incompetent might be elected as president.”
Absolutely. My husband lost his job weeks before Obama was elected because his company and many others were able to read the tea leaves. I like to call it the Great American Job Shedding of 2008.
Trump Effect.
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