Based on that chart we could easily see the DOW over 50,000 10 years from now. I would say 30,000 within five years. 50,000 within 10. And 15 years from now when it looks like the DOW is sure to pass 100K we will finally get another 50%+ crash, from say 95K down to 45K.
Glad to see the "this time is different" / "new paradigm" crowd starting to show up. Because QE'd/ZIRP'ed out CB circuses in structurally and demographically unsound contexts are somehow on par with 1942-1966 strong middle class boom-time markets. You know what's dumb about these charts? They utilize survivorship/confirmation bias to make a point. Where's all the prior bull markets that fell on their face after 200%?
We are actually saying its going to be the SAME as previous times. 15 to 25 year bull move in the making here, only 8 years into it, plenty of upside left.
NDX making new all time highs again today Up well over 500% from the 2009 lows We could see 1000% before this bull move ends.