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Holy Cow Wow! The Dow closed today below its peak of 14 3/4 yr ago.


               
2014 Oct 10, 1:46pm   1,291 views  4 comments

by ttsmyf   follow (0)  

The DJIA close of 16544.10 on 10/10/2014,
by CPI-U estimation and interpolation,
would correspond to a Real Dow of 103.8 = -0.01%/yr since 1/14/2000 peak of 103.94.

From
http://www.showrealhist.com/recDJIAtoRD.html

Comments 1 - 4 of 4        Search these comments

1   New Renter   2014 Oct 10, 1:47pm  

Why is this surprising?

2   swebb   2014 Oct 10, 1:59pm  

Between 2000 and 2014 there was a pretty big recession, I've been told.

3   ttsmyf   2014 Oct 10, 2:05pm  

New Renter says

Why is this surprising?

14 3/4 years consumed, got a breakeven real price outcome -- what do the ad guys do with that?

4   Ceffer   2014 Oct 10, 4:03pm  

I'm so glad I put every last penny in gold bullion. They gave me a free William DeVane lapel pin and a Mish ballpoint pen!

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