Ron Baron, the CEO of Baron Capital, recently predicted that the Dow Jones Industrial Average (DJIA) would hit 900,000 by 2073... [Energy and Capital Header] Practical Investment Analysis for the New Energy Economy Dow 900,000 Christian DeHaemer | Jun 28, 2023 Ron Baron, the CEO of Baron Capital, recently predicted that the Dow Jones Industrial Average (DJIA) would hit 900,000 by 2073. This might seem outrageous as the index is trading just above 33,000 at the moment, but Mr. Baron estimates that stocks have grown 34 times their value since 1970. There is no reason why it shouldnât continue. He also expects GDP growth to surpass 7% in the next 50 years. Part of this growth will be due to a 4%â5% inflation rate, which is in line with the historical average. Of course, Baron's prediction also underscores the double-edged sword of inflation. While it may drive stock gains through higher corporate earnings, it will also destroy purchasing power. Baron's assertion that "everything is going to be twice as expensive in 14, 15 years" acknowledges this reality, reminding investors that even as they reap rewards from market growth, they must brace for an elevated cost of living. This 1,000x Supply-Demand Gap Could
Mint Millionaires Airlines are in panic mode... Theyâre forced to replace kerosene with a new fuel. Seven airlines just committed to buying a total of over 1.5 BILLION liters of this groundbreaking fuel. And one little-known company is at the forefront of this massive story. It has signed multimillion-dollar agreements with some of the biggest aviation companies on the planet... Including Delta, American Airlines, British Airways, SAS, and Trafigura. [TT Airlines 2]( As this company is ramping up production, investors stand to rake in massive gains. Itâs expected to increase its revenue by an eye-popping 266,721%. And investors who get in BEFORE this happens could turn every $1 into $10 or even $100. Keith Kohl reveals what exactly this fuel is, why airlines are buying every single drop available right now, and how you can get in on this billion-dollar windfall in his latest presentation. [Get the full story here.]( Buffett Calls for Dow 1 Million Six years ago, Warren Buffett, the chairman of Berkshire Hathaway (NYSE: BRK.A), also made a seemingly bold prediction. At a Forbes magazine event in 2017, Buffett stated that he envisioned the DJIA crossing the 1 million mark in 100 years, a leap from its then-state of 22,397. This might seem outlandish, but when you consider that the DJIA was at a mere 81 a century prior, barring total war, plague, or societal collapse, it is feasible. Buffett's belief in the inherent strength of the U.S. economy is heartening. However, some view his projection as overly conservative. Buffett's billionaire compatriot Mario Gabelli couldn't resist a jab at Buffett's prediction; he joked about Buffett's conservative estimates, suggesting they bordered on bearishness. URGENT: Look at This Map of America... [TWA EV Payouts after map] Thereâs a silent invasion happening. Those black dots you see are electric vehicle charging stations â but theyâre not like any chargers youâve seen before. Because every one of those units could soon be putting money directly into your bank account... Twenty-four hours a day, seven days a week. [Click here to discover what may be the biggest income opportunity of your lifetime.]( Historic Returns of the Dow The Dow Jones Industrial Average, one of the oldest and most watched stock indexes in the world, was created by Charles Dow in 1896. Initially consisting of just 12 industrial companies, it now consists of 30 large publicly traded companies across various sectors. The DJIA has provided an average annual return of approximately 5.4% since its creation. However, this figure does not account for dividends. If dividends are included and reinvested, the average annual return is closer to 7.1%. A $450,000 investment returning an annual 7.1% would get you $13,889,482 in 50 years, which may or may not be the price of a median-priced house. Of course, here at Energy and Capital, our goal is to do much better than 7.1% annual growth. In my [Launchpad Trader]( advisory service (and during a very difficult year to boot), our closed portfolio managed to return 19%. In 2022, my portfolio returned a whopping 79%, and in 2021, it returned 37%. So if you'd like to do better than 2% above inflation, I suggest you [join us and start making money today](. All the best, [Christian DeHaemer Signature] Christian DeHaemer [[follow basic]Check us out on YouTube!]( Christian is the founder of [Bull and Bust Report]( and an editor at [Energy and Capital](. For more on Christian, see his editor's [page](. [Fb]( [Li]( [Tw]( This email was sent to {EMAIL}. You can manage your subscription and get our privacy policy [here](. Energy and Capital, Copyright © 3 East Read Street, Baltimore, MD 21202. Please note: It is not our intention to send email to anyone who doesn't want it. If you're not sure why you're getting this e-letter, or no longer wish to receive it, get more info [here]( including our privacy policy and information on how to manage your subscription. If you are interested in our other publications, please call our customer service team at [1-877-303-4529](tel:/18773034529).