CJJ

Could the Dow Reach 4000?

All of this extreme low calling of where the DOW will end up seems to completely ignore the fact the torrid pace of change.
As long as the neagtive loop continues...
Housing prices will continue to break down to historical means. In many areas outside of the "boom" towns this is quite close already. The "boom" areas still have a 25-40% to fall.
The savings rate will soon tick up towards 10%...By soon I mean within a year.
Credit card debt will be resolved...written down, paid off, reeled in within 1-2 years.
So this is all happening quite fast. How far down the DOW goes, who knows. But I think this idea that this thing is going to drag on for 3, 5, 10 years is a mistake. If that would be the case societal breakdown or world war would occur in far less time than that shake out.
Get ready for either the Quick Depression followed by Population Rate World Growth or Societal breakdown. In the second outcome your investments don't matter anyway.