BUSINESS NEWS
Wall Street Legend Predicts “Dow 50,000”!
A massive stock market rally is on our doorstep according to several noted economists and distinguished investors.
Ron Baron, CEO of Baron Capital, is calling for Dow 30,000.
Brad McMillan, Chief Investment Officer of Commonwealth Financial Network, predicts: “Dow will hit 24,000 on its way higher … we should enjoy the ride!”
And Jeffrey A. Hirsch, author of Stock Trader’s Almanac, is calling for Dow 38,000.
However, Paul Mampilly’s “Dow 50,000” prediction is garnering national attention … not because it’s a bold prediction, but rather because every one of Mampilly’s past predictions have been spot-on.
Like when he predicted the tech crash of 1999 and the time he called the financial collapse of 2008 — months before they unraveled.
Mampilly’s predictions paid off big as the $6 billion hedge fund he managed was named by Barron’s as one of the “World’s Best.”
And Mampilly became legendary when he won the prestigious Templeton Foundation investment competition by making a 76% return ($38 million in profit on a $50 million stake) … during the 2008 and 2009 economic crisis.
In a new video presentation, Mampilly states: “Stocks are on the cusp of an historic surge. The Dow will rally to 50,000. I’ve never been more certain of anything in my career.”
Indeed, Mampilly uses a historic chart to prove Dow 50,000 is inevitable. (In fact, one can see how the Dow could even rally to 200,000.)
The drive behind this stock market rally?
“A little-known, yet powerful economic force that has driven every bull market for the last 120 years,” Mampilly explains. “I’ve used this same force to predict the stock market collapse of 2000 and 2008 … and to make personal gains of 634%, 696% and even 2,539% along the way.”
And while these gains are impressive, Mampilly states they are nothing compared to what’s ahead.
“The last time this scenario unfolded, it sent a handful of stocks as high as 27,000%, 28,000% and even 91,000%.”
