Quote:
Originally posted by Hank Chinaski
you were snarky and presumed that I meant my question as a front to crow.
Seriously, the highest level ever, and it is probably just inflation or the fact that corporations have gotten better at screwing the employees? I thought CEOs were raping the coprorations. shouldn't that hurt the stock prices?
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If the business cycle weren't, well, cyclical, you'd expect that market to be setting new highs constantly.
I don't know about the CEOs raping stuff -- kinda outside my
areas of expertise, such as they are.
The point about inflation is just that if you want to look at the Dow's gain over time, you have to also consider how much your money would have been gainining in an alternative investment, and how much it lost to inflation, etc.
