Berwyn’s Turner Investments Sees Bullish Future

By

Robert Turner

6.2.2014 Turner InvestmentLife is good in Chester County, and the future is bright for investors.

Berwyn-based Turner Investments was recently highlighted in Barron’s for its bullish outlook on the future of the stock market.

“Stock markets don’t go down unless you see a tightening of credit, an inverted yield curve or excesses that need to be remediated,” Chairman Robert Turner said in the Barron’s report by Jack Willoughby. “Instead of negatives, global economies are getting slightly better.”

Turner predicts the Dow Jones Industrial Average finishing 2017 at 20,280, up 12 percent from today.

It’s a bold perspective, beating the average of Barron’s Big Money bulls, who project a rise to 19,687 by the end of next year.

But between now and then, “90 percent call a correction of 10 percent or more somewhat or very likely within the next 12 months, with possible catalysts ranging from an economic slowdown or recession (35 percent) to rising interest rates (22 percent), earnings disappointments (10 percent), geopolitical crises (8 percent) and the election of Donald Trump (8 percent),” the article noted.

Read more about the future according to Turner and others on Barron’s here, and check out previous VISTA Today coverage of Turner Investments here.

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