I found this super interesting when I stumbled upon it the other day:
Why you need Dow 27,000 today from BankonYourself.com
I've often been a bit dismissive of Pam Yellen as I thought her book was way too emotive and the end was too much of a sales pitch to agents to become certified BOY agents. But, I think there are some hidden gems in the blog that they maintain, and I recently discovered there's a somewhat active discussion going on over on their Facebook page.
This piece in particular got me thinking about the stock market and especially the DJIA and how it has moved historically.
This in particular speaks volumes about the booms and stagnation of the Dow. And if history repeats itself, we're due for another 10 years of going basically nowhere.
Also, it interesting to consider that the post above from Yellen's web site is almost a year old. The Dow closed today at 11,577. So, we're currently 577 points above that 1999 close.
Why you need Dow 27,000 today from BankonYourself.com
I've often been a bit dismissive of Pam Yellen as I thought her book was way too emotive and the end was too much of a sales pitch to agents to become certified BOY agents. But, I think there are some hidden gems in the blog that they maintain, and I recently discovered there's a somewhat active discussion going on over on their Facebook page.
This piece in particular got me thinking about the stock market and especially the DJIA and how it has moved historically.
This in particular speaks volumes about the booms and stagnation of the Dow. And if history repeats itself, we're due for another 10 years of going basically nowhere.
Also, it interesting to consider that the post above from Yellen's web site is almost a year old. The Dow closed today at 11,577. So, we're currently 577 points above that 1999 close.