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Dow 15,000 In 2013

The Dow can reach 15,000 in 2013 ,but that will require a fiscal cliff deal and a resolution to the European debt crisis. I believe that the fiscal cliff will be resolved by the January 1 deadline and the Eurozone crisis will be less of a concern by the middle of 2013. Once these two issues are resolved then a march towards 15,000 can occur. During 2013 we will also likely a continued recovery in the housing market and the unemployment rate will steadily decrease during the course of the year. Also, the price of natural gas will likely increase in 2013.