IE Staff
(June 22 – 12:00 ET) – In an exclusive interview in EQUITIES 49th anniversary issue, Sir John Templeton suggested investors sell U.S. stocks and buy bonds until the inescapable stock market correction takes place.
From the March 2000 market high, Sir John believes the Dow Jones average could fall as much as 40% and NASDAQ as much as 50% from their all time highs over the next few years.
He then sees a broadening of investment in all domestic investment segments, a return to the popularity of global investing and in the next 100 years Dow Jones One Million. Naturally, stocks will once again be the vehicle to buy to beat inflation.
-IE Staff