No one will get the timing right, but the correction must occur. Why ? Because there is little or no domestic productivity across the board.
If you look back at the Dow to the 1980/90 it can be seen that the rises from around 2000 coincided with wars and stimulation of extra money supply to hold up against negative financial,issues. The money printing approach has got to the sage now where we see at least a trillion a year in the US alone. It cannot be sustained for much longer and when it fails this time the jig will be up and taking it all into account a level below 5000 for the Dow is realistic in my view.
