Behavioral Market Analyst Calls For Dow 25,000 In Three Years

The Dow Jones Industrial Average is going to trade near 25,000 in three years, behavioral market analyst  Yves Lamoureux, as he said that now is the buying opportunity. He said the Fed will need to expand the balance sheet and was highly critical of Fed actions that might cause economic contraction during an election year.

Picking a stock market bottom is a fool's game, but Lamoureux says now is a buying opportunity as Dow 25,000 in 3 years

Expect an accommodative central bank to lavish quantitative easing over the market environment and while no one is likely to consistently pick exact bottoms, over the next three years a...