Dow to crash to 6,000 by 2016
A lot of contrarian investors expect the Dow Jones Industrial Average (DJIA) to crash at some point in the near future because of a variety of factors, including the paucity of sound fundamentals, the Federal Reserve’s implosion and the numerous bubbles currently formulating and growing.
One financial author recently told CNBC that he thinks the Dow will likely climb to 17,000, a 3.6 percent increase from this week’s 16,396, in the next several weeks but then crash back down to around 6,000 by 2016, a 63 percent plummet. (Read More)
NOT Looking Good - By Comparison
And others say...
