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  • A Dow Double in 10 years? Easy [View article]
    It may sound easy enough, but don't underestimate the long-term economic problems we face. Other "experts" who manage billions of dollars are predicting growth of 1-3% for the next few years--a good-sized chunk of the 10 years. Beyond that, we may face high inflation. On top of all, we have growing budget deficits. Stocks will have a hard time averaging 7.2% per year with that backdrop. I hope it happens, but I don't expect it.
    Oct 07 14:13 pm |Rating: +6 -1
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