AUTHOR: TOWNE SCHERER.COM/BLOG 4/30/2020: Towne Scherer Private Wealth Management BLOG:
Dow 40,000
40,000 on the Dow is predicted by Investment Strategist, Paul Shatz, according to an article in Yahoo!finance, 4/17/2020. Nevertheless, this strategist warns of more panic days, more volatility in the near-term and not the V-shape recovery that some are hoping for. Further, he sees new highs as early as next year. So, we’ve got a glass half full guy….
The Worst is Over?
The worst of the coronavirus pandemic is over, the US economy is getting ready to reopen and there is progress on a treatment for the Coronavirus, says, Larry Kudlow, National Economic Council Director, reports FoxBusiness, 4/29/2020. So, the glass is overflowing…
Someone once said, follow the money…So…is the market up on such news???
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The opinions expressed in this material do not necessarily reflect the views of LPL Financial and based on the political content of this material are for general information only and are not intended to provide specific advice or recommendations for any individual. The economic forecasts set forth in this material may not develop as predicted. All indices are unmanaged and may not be invested into directly.
Russell E. Towne, LPL Financial Advisor, is a registered representative with and Securities and Advisory Services offered through LPL Financial, a Registered Investment Advisor. Member FINRA/SIPC.