Larry Kudlow: Taking stock
Economy Issues
In the spirit of fearless forecasting, I predict 4 percent real economic growth in 2004 and 2005, with double-digit corporate-profit gains for each year and only mild interest-rate increases. Stock markets will rise nearly 50 percent from current levels, and by the end of 2005 the market averages will be back to the prior peaks registered in early 2000.
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