4 years ago he called United States Stock 20,000 points! Now what did he say?
AllianceBernstein under Bernstein Global Wealth Management investment officer Seth Masters-2012 predictions, Wall Street Dow Jones index in 2020 will come to 20,000 points, caused an uproar.
Now index target in close proximity, now look at us stock market Outlook and how?
Masters in 4.5 years ago shouted out when the above predictions, at 12,500 points in the Dow, and Wall Street is in a long-term bull market emerging from the European debt crisis; but a lot of people have concerns, massive monetary easing of global Central Bank stimulus measures will trigger the stock market collapse.
Now 4 years from 2020, but Monday (5th), closing the Dow has come to 19,216, left a distance of 20,000 points to 5%. Masters now accept access to the Wall Street Journal, pointed out that there is plenty of evidence shows that an impressive heal the financial system, especially in the United States; and the industry becomes more robust, have been surprisingly.
He believes that this is a good chance of a generation, using people's misconceptions of reality, to make a killing. Therefore, with stocks rising forces way beyond expected before the Masters, he now estimates the target point in time ahead, calling 2018 the Dow can climb above 20,000. But his warnings, with stock consisting of "security bubble" may burst, dragging down the Dow climb speed of.
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