Dow 40,000? It's Coming But There's A Catch

Back in January 2016, when the Dow was trading around the 16,000 level, Yves Lamoureux, president of macroeconomic research firm Lamoureux & Co., said it would topple 25,000 within three or four years. It didn't take that long. Now he's all cash and sees the market dropping by a third in 2019. Then....