Nikkei Comparison Suggests S&P 500 At 1400 By Year End – And 400 By 2014
Posted on September 01, 2009 at 06:52 AM EDT
Merrill Lynch Asia (Bank of America) strategists Sadiq Currimbhoy, Arik Reiss, and Jacky Tang suggest that the S&P 500 (^GSPC) could soar another 40% by December 2010 before it collapses completely based on a unique comparison with the Nikkei 225 (^N225). (Before you reject this possibility out of hand please read the entire article.) Were ...
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