“From May 2009, Sudden turn-around in USA stock markets will become a key reason of major changes in world economy. Money will follow again in street and everyone will start spending, people will find job easily and money will come in system. People will start buying again expensive cars, home and other articles. I am so much optimistic about it.”
He is so optimistic that he’s forecasting a 32,000 Dow in 59 months! That is a a 400% increase over 5 years. That’s a 32,000 Dow by December 2013. So, I guess December 21, 2012 isn’t a concern as far as Mahendra sees it.