History Suggests Markets Will Soar When Fed’s QE Ends

A potential U.S. attack against Syria and Fed retreat from asset purchases have shaken global stock markets and sent major U.S. market index down 3-5% below their early August highs. But the move hasn’t shaken James Altucher’s long-term confidence in stocks and today stocks are extending recent gains on news that tensions with Syria could be easing.

The author, blogger and managing director of Formula Capital tells The Daily Ticker the Dow is headed toward 20,000 within the next 18 to 24 months.


“The economy is growing...the stock market is at all-time highs [actually near all-time highs]," says Altucher. "There’s no reason to think that suddenly for the first time in history the market will never return. The market will keep on going up with the economy.” (more)

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