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6.28.2017 - Is DOW 50K Coming? Bookmark

Think about it. Is it possible? Can this market go to DOW 50K?  In today's letter we are looking at the reason that it "could" if certain criteria are met. Then of course we talk about the arguments against such a thing happening. I know it sounds absolutely insane to consider a market at 50K, but this is a different world.  This isn't 1980 folks. In 2017 Central banks are buying stocks. Over in Europe, Draghi is still pumping 65 billion a month into markets. They now own 10% of ALL European corporate debt. 

 

This is a new world. A scary world. Give it a read folks, this could be important. 

As always our letters are free and if you're into investing, we try and give our best view of what's going on. We don't get it all right, but we get enough of it right to keep us in the investing game. 

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