BNP Paribas Forecasts Dow 100,000!

Just a couple of days, I wrote a post titled Markets Decline Yet Over-Bullishness Remains. Well, maybe I should have waited until this completely crazy forecast was made: Dow 100,000 on CNBC.

Quotes from the transcript:

[...] our next guest says watch out, world. the dow could be headed for 100,000 

[...] i think we still have a couple of rough years ahead of us. after that if you still believe in united states and they will still have a dominant role to play in the world, which i believe, i still thinks stocks could go massively higher. you're giving yourself a very big window in terms of time frame. you're looking at 100,000 in 25 years.

Thanks to my friend SS for sending me the link