Sun, 9 April 2017
Today's FEATURE analyzes two divergent views of the US stock market. One, Steve Sjuggerud of Stansberry Associates forecasts a "melt-up" to 50,000 on the DJIA created principally by a $70 trillion cash hoard. Secondly, One of the Nations most accurate and longest tenured forecasters, James Dines, is calling for a 73% plunge in the value of the same index beginning in 2017. Dines is not a "perma -bear" recommending Apple,Inc $.43/sh in the mid 80's and Amazon at $4.72/sh in 1994. Dines considers this forecast a culmination of a life's work. In January, 2016 he created the Pot Stocks Index which is up 854% since then. When Jim makes a call you should listen. Other topics include: The Metropolitan Man revealed, the Big Deal Tax Reform, the Federal Reserve's shrinking balance sheet dilemma, the market calm is deafening, Atlanta Fed's GDP forecast for Q1, the hidden gold rally, a female humanoid robot, Ben Carson's HUD discovery and Cecil Rhodes RIP.
Direct download: TMB-17-04-09-what-forecaster-right-dow-to-50000.mp3
Category:News & Politics -- posted at: 11:24am PST