Press Room

USA TODAY: Todd Morgan was quoted in the article, “What Wall Street’s saying about Dow 20,000”

“What Wall Street’s saying about Dow 20,000” by Adam Shell, USA TODAY

WHAT’S NEXT FOR THE DOW?

The “market always goes higher over time, ” Todd Morgan, chairman of Bel Air Investment Advisors. “The lesson here is that through wars, recessions, elections, impeachments, financial crises, and on and on, investing for the long term in high-quality stocks is the key to building wealth. … We are telling our clients that you can’t time the market. Think long term. Stay the course. We expect the market to see Dow 30,000 in my lifetime, and for my grandchildren to see Dow 50,000 in their lifetime.”

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