Dow 43,000: Good News or Bad?

Contributed by Lewis J. Walker, CFP®   The Dow Jones Industrial Average closed 3rd quarter 2016 at 18,308, the S&P 500 Index at 2,168. Writing in Forbes magazine (10/4/16), investment strategist and columnist William Baldwin offered his forecast for 2036, opining that “stocks will do fairly well.” His targets: Dow at 43,000; S&P 500, 5,000,…