The Fed's Fantasy Vs. Reality
Submitted by Lance Roberts via RealInvestmentAdvice.com,
Dow 20,000
Last week, I noted the market’s push toward the market milestone of 20,000. To wit:
“The Dow broke above 19700 and is within striking distance of the ‘psychological’ summit of 20,000. With just 250 points to go, it is extremely likely traders will try and push stocks to that level by Christmas. Woo Hoo!”