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Why Dow Jones Industrial Average 30,000 can come very soon



Dow 30,000 happens somewhere within the next 12 months and may not be as crazy as it sounds.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" on its fifth Red Bull at the Dow 30,000 sound, China's (and Europe's, President Donald's) Trump continues to throw out Federal Reserve Chairman Jerome Powell, who looks daily on Twitter . And the whole scope of this rhetoric makes it quite difficult for corporate America to invest in growth initiatives. "Data-reactid =" 16 "> Although you can not blame one for choking Red Bull, with the sound of the Dow 30,000, which is rising, US trade tensions with China (and Europe are still hot), President Donald Trump continues to spill Federal Reserve Chairman Jerome Powell, who looks on Twitter every day. the whole range of this rhetoric is quite difficult for corporate America to invest in growth initiatives.

Mb (0) – sm Mt (0.8 em) – sm "type =" text "content =" However, here we are – Dow Jones Industrial Average ( ^ DJI ) is within its record highs since 2018. The blue chip index is only 13.2% away from the big circle number the bulls would like to see Data-reactid = "17"> However, here we are – Dow Jones Industrial Average (^ DJI) is within the range of its record high levels in 2018. At 26,501 on Wednesday, the blue chip index is only 13.2% of the big circle the bullies would like to see (love circles).

Mb (0) – sm Mt (0.8em) – sm "type =" text "content =" There is at least 25% probability that Dow 30,000 can Skybrook Co-Chief Investment Officer Troy Gaeski said in Yahoo Finance the first trading This invitation is largely due to the low interest rate and healthy corporate America that pushed investors into stocks for fear Data-reactid = "18"> The probability of the Dow 30,000 to rise by at least 25% by the first quarter of 2020, Skybridge Chief Investment Officer Troy Gaesky said. is largely due to the low interest rate and healthy corporate America, which pushes investors more into equity fearing that they will not lose profits

Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm "type =" text "content =" Investors certainly have money to accumulate in stocks. & Nbsp; Funds managers are already aggressively cashing up According to a new study by Bank of America Merrill Lynch. "Investors certainly have money to accumulate in stocks, and fund managers are already aggressively cashing up cash, according to a new study by Bank of America Merrill Lynch."

To be honest , Gayeski sees the chances of a recession in the US by the third quarter of 2020. This suggests that Dow

Others on Wall Street agree with Gayeski's mid-term review

"I think we can achieve new peaks. be when corporations report profits for the second quarter in July and August and give prospects for this quarter, if there is a little promise on the trading front that allows businesses to plan and spend, I think there might be a good runway by the end of the year and by 2020, "said Cleveland's 50-year veteran Jim Avad Advisors

"We can make a new peak in the markets somewhere between July 30 and the end of the year if there are no surprises, events or wounds," adds Awad. Brian Sotsi is Editor-in-Chief and Co-organizer of The First Trade [19659006] at Yahoo Finance what. Bryan Sotsi is editor-in-chief and co-presenter of The first trade ] [19659906]] [19659906] at Yahoo Finance Follow Bryan Sotsi on Twitter @BrianSozzi

Mb (0) – sm Mt (0.8em) Read the latest financial and business news from Yahoo Finance "read-latest" financial and business news from Yahoo Finance

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