I’ve been saying for over two years that Dow Jones will hit 27,000 and there will not be a crash scenario for 2018 and 2019.
Although I find Dow crossing the 27k mark a tad worrying before October the journey has to be Dow 28,000 by new year . I find it worrying because this is not how they play this game when they want to make a historical high Christmas time. Therefore, although there is no catalyst in sight for any downturn in US markets, they can always surprise us with a whopper. Caution is king here.
Provided we hit Dow 28,000 on or just before new year I would say we are going for Dow 29,000 in the next two years. War or no war .
If there are any concerns with US entering a war scenario, then put your concerns aside. The US markets will continue to rise even with a war scenario, fundamentally because the US will prevail in any war. With Russia and China now trading buddies there is no one left to oppose or protect the country which they are targeting … And by the way Donald Trump will get re-elected and Boris will not deliver Brexit in any meaningful way.
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All in my humble opinion and no investments advice intended.
Andre Minassian
Right on the money sir as always
RESPECT
D
I agree Sir, There is no catalyst for a downturn and it will keep rising higher