“The 2000 milestone is meaningless in and of itself,” says Rob Stein, CEO of Chicago based Astor Investment Management. But what is meaningful, he adds, is the current strength of the business conditions fueling the rally. If that keeps up, the market will keep going up, too, he predicts.
“If the economy and market fundamentals continue as they are, it would appear that the risks associated with owning stocks is worth the return,” says Stein. “I think the market can move higher from here.” (READ MORE)