The Dow Jones Industrial Average is going to trade near 25,000 in three years, behavioral market analyst Yves Lamoureux, as he said that now is the buying opportunity. He said the Fed will need to expand the balance sheet and was highly critical of Fed actions that might cause economic contraction during an election year. Picking a stock market bottom is a fool’s game, but Lamoureux says now is a buying opportunity as Dow 25,000 in 3 years Expect an accommodative central bank to lavish quantitative easing over the market environment and while no one is likely to consistently pick…
Behavioral Market Analyst Calls For Dow 25,000 In Three Years
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.