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Man who called Dow 20,000 says one of the biggest stock-market dangers in 2020 is ‘people could be throwing risk to the wind’
France Nouvelles Nouvelles
The Wharton professor who forecast that the Dow Jones Industrial Average would see 20,000 at the end of 2015 says that market fundamentals are sufficient to support the recent run-up in U.S. equity benchmarks but worries that euphoria or a meltup could take stocks to unsustainable levels.