Dow Will Explode Past Record High and Keep Rising: Wall Street Bull
By CCN Markets: The Dow Jones Industrial Average is set to blow past its record high and keep pushing. That’s the analysis of Christopher Harvey, head of equity strategy at Wells Fargo. Harvey believes investors are wrongly building defensive portfolios when they should be bullish on stocks. He sees the Dow going higher on the back of interest rate cuts and strong corporate performance. “We think the equity move is a little bit deceiving. We think people are really misconstruing it. Everyone is saying ‘oh my goodness we’ve had such a great run, it’s time to take profits.’ But really
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