The Dow Jones Industrial Average closed above 40,000 for the first time ever at the end of last week. Wall Street veteran analyst and investor, Ed Yardeni forecasts that this is just the beginning, projecting the Dow to reach 60,000 by 2030. Concurrently, Yardeni anticipates the S&P 500 will climb to 8,000, or about 60% from current levels, driven by substantial earnings growth and favorable market conditions. “We think that’s possible in our Roaring 2020s scenario,” Yardeni stated. According to the expert, this scenario has a 60% probability of unfolding, compared to a 20% chance of either a 1990s-style market melt-up or a 1970s-style stagflationary environment. “The Roaring 2020s started in the stock market on Nov. 30, 2022. That's when OpenAI launched ChatGPT,” Yardeni highlighted. The Dow Jones, as tracked by the SPDR Dow Jones ...