What Does Dow 25,000 Mean for the Stock Market?
Dorfman Value Investments founder John Dorfman likely triggered plenty of smirks when he boldly predicted four-and-a-half years ago that the Dow Jones industrial average would hit 25,000 in 2017. However, investor optimism about a booming U.S. economy and the potential for a massive corporate tax cut pushed the Dow higher by another 140 points on…