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Economy
Warren Buffett Calls for Dow 1,000,000!
2018-01-29
[Banyan Hill] A massive stock market rally continues to surge higher, with the Dow hitting 41 record highs in the last nine months alone.

Many distinguished investors and economists see this epic rise as only the beginning. Ron Baron, CEO of Baron Capital, is calling for Dow 30,000. Jeffrey A. Hirsch, author of Stock Trader’s Almanac, has called for Dow 38,000.

And billionaire icon Warren Buffett threw even more fuel on the bullish fire, calling for "Dow 1,000,000." But as shocking as that may sound, it’s Paul Mampilly’s near-term target of "Dow 50,000" that is garnering national attention.

It’s not because it’s a bold prediction, but rather because every one of Mampilly’s past predictions have been dead-on. Like when he predicted the tech crash of 1999 and the time he called the financial collapse of 2008 ‐ months before they unraveled.

Mampilly’s predictions paid off big as the $6 billion hedge fund he managed was named by Barron’s as one of the "World’s Best."

And Mampilly became legendary when he won the prestigious Templeton Foundation investment competition by making a 76% return ($38 million in profit on a $50 million stake) ... during the 2008 and 2009 economic crisis.

In a new video presentation, Mampilly states: "Stocks are on the cusp of an historic surge. The Dow will rally to 50,000. I’ve never been more certain of anything in my career."
Posted by:Besoeker

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