The Dow Jones will eclipse 100,000 on a 'turbo booster' combo of earnings growth and Fed rate cuts, Wall Street CIO says
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- Interest rate cuts and continued earnings growth will power the Dow Jones to above 100,000 within the next decade.
- "Stock prices love strong earnings and lower interest rates," Main Street Research CIO James Demmert said.
- Demmert said investors should overweight technology stocks on a continued AI boom.
A powerful cocktail of earnings growth and interest rate cuts will serve as a "turbo booster" for stock prices and power the Dow Jones Industrial Average to over 100,000.
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