Dow 100,000: Fact or Fiction Paperback - 1999

From the publisher

Boom or bust? That's the question on the mind of millennium market watchers. A seasoned investment strategist, Charles W. Kadlec has a startling answer: We are at an historic moment, the beginning of a Great Prosperity -- a decade or more of above average economic growth. What lies ahead is a period of unparalleled opportunities for investors with a strategic outlook. In this provocative book, Kadlec reveals the forces driving this monumental boom and examines its potential impact.

Dow 30,000 supports its supremely bullish premise -- the DJIA is headed for a record 30,000 by the end of the next decade. With penetrating insight, Kadlec pinpoints the factors now in place that could make this ideal an economic reality: the end of Cold War, the aging of baby boomers, technological revolution, the spread of freedom (and the surge of individual creativity), and increased competition among governments for economic activity. He does not ignore potential threats: war in the Middle East, international terrorism, or failure to solve the dilemmas of Medicare and Social Security: He concludes with two strategies for taking advantage of this phenomenon -- one for wealth-building, and the other for wealth-budgeting.