Super Boom: Why the Dow Jones Will Hit 38,820 and How You Can Profit From It
In 1976, Yale Hirsch predicted a fifteen-year super boom—a move in the stock market of 500% or more.  His forecast proved accurate as the market rose and continued upward, eventually posting growth over 1,000% just before the tech crash in 2000.History has a way of repeating itself, especially in the financial markets. The American economy, and subsequently the world economy, has always existed in a cycle of boom and bust: gold, grain, oil, technology, and most recently, real estate, have all bubbled and popped. The key to investing profitably is spotting macroeconomic historical trends and positioning to reap the benefits.In Super Boom, Jeffrey Hirsch, President of the Hirsch Organization and Editor in Chief of the Stock Trader's Almanac, unveils the next market expansion.  Building on his father's research from 1976, Hirsch has discovered that meteoric rises in stock indices are due to specific catalysts predominantly outside of the financial markets.  Step-by-step, Hirsch puts together the pieces of this puzzle by revealing the central drivers of a super boom, namely:Inflation—while it may be at bay for the time being, the massive injection of money by the government, in response to the global financial crisis and the Great Recession, as well as wartime spending, will eventually create an inflationary environmentPeace between major wars—despite continuing violence in Iraq and Afghanistan, U.S. troop withdrawals remain on schedule, and military presence in these countries will be winding down over the next several yearsNew enabling technologies—while no one can say for sure where the next cultural paradigm-shifting technologies will come from, energy technology and/or biotechnology could lead the wayAs markets and economies struggle over the next several years, remember to keep your eye on the future and get ready for the coming super boom and the next 500% move in the market. With this book as your guide, you'll benefit from the insights that only Jeffrey Hirsch can provide and be in the best position possible to prosper from the profitable opportunities that lie ahead.