MoneyWeek

From the editor...

“Insanity is doing the same thing again and again and expecting a different result”

If you’re going to make an outrageous prediction, be as vague as possible about the time frame. The fanfare about the Dow Jones index eclipsing 40,000 a few days ago (see page 4) called to mind a key talking point in the early. James Glassman and Kevin Hassett said that the Dow Jones index, then at around 10,000, should reach 36,000 in three to five years.

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