Dow 20,000? Don't laugh. Bulls are alive and well

Dow and S&P 500 close at record highs

Will the Dow soon hit 20,000? Don’t laugh. It’s less than 8% — or 1,500 points — away from this milestone.

To quote 1980s standup comedian Judy Tenuta, “It could happen!” And Dow 20,000 isn’t as crazy a prediction as the famous Dow 36,000 one from the book by James Glassman — way back in 1999. But who wasn’t drinking the market Kool-Aid then?

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