Our friend Bob Bronson of Bronson Capital Markets Research, a bear’s bear in recent years and one of the most accurate intermediate- and long-term forecasters we know, has been calling for a spectacular bull market in stocks to start around the fourth quarter of 2014. Here’s an excerpt from a recent report:
[A new foreacsting service that we are planning] is being based upon multi-decade re-optimization of various sized model portfolios in anticipation of the coming Supercycle Bull Market that we continue to expect to start just before the midterm Congressional election in Nov, 2014. We currently expect that the U.S. stock market during that ~16-year reflationary economic Supercycle Spring will triple every eight years, if not double every five years on a total return basis, with the Dow reaching 50-100,000 by 2030. Of course, I would love to be working during all of next 19 years, but in any case we are putting business succession plans in place.