12-22-2016, 11:22 AM
Apparently these people can see far into the future..
Prepare for more record highs over the next few years, says one Bank of America Merrill Lynch strategist, who says a similar trend in history suggests that this bull market is far from over. "We actually think the Dow will surpass 20,000 and go much, much higher than that," said Stephen Suttmeier, his firm's chief equity technical strategist. "We do believe that we are in a secular bull trend [that was] signaled on the April 2013 breakout in the S&P 500."
This is a 1950s-style market and we could see another decade of gains: BofAML
Lots of stuff that can go wrong in the meantime, we'll come back to that, undoubtedly..