Dow Could Top 30,000 Soon, Impending Recession is “Greatly Exaggerated”

By CCN Markets: The stock market has been booming, so don’t be surprised if the Dow soars to 30,000 within the next 12 months. That’s the bullish projection of several Wall Street veterans, including Skybridge Capital’s Troy Gayeski. Gayeski is a partner and co-chief investment officer at New York investment firm Skybridge Capital. He says there’s more than a 25% chance that the Dow will clear 30,000 by the first quarter of 2020. Gayeski says investors shouldn’t get discouraged by the constant barrage of negative headlines screaming about an impending stock market crash. Banker: FOMO Could Fuel Near-Term Stock Market

The post Dow Could Top 30,000 Soon, Impending Recession is “Greatly Exaggerated” appeared first on CCN Markets

source https://www.ccn.com/market-news/dow-jones-30000-stock-market-boom/2019/06/19/

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