The stock market is the most important thing in the world to most people, and the most closely watched. With that being said, it’s also one of the most volatile. For the past few years, it seems, the market has been in a constant state of flux. In the summer of 2013, it seemed like stocks were trading at 20% below their previous peak.
That’s what happened this year – stocks traded at record lows for the entire summer. But it was nothing compared to the summer of 2013, when the market crashed by 50%. In contrast to the summer of 2013, this year’s market is trading at record levels for the first time in years. In addition to being a record for the year, it’s also the most lucrative year for those trading stocks.
Trading at record levels is not a new phenomenon. The stock market has been a major driver of the economy for a long time now. In the last 20 years, stocks have risen from $5.5 trillion to $65 trillion.
However, this year’s stock market has been a lot more volatile than the last two years. This year’s market has been down for nearly a month, and the market has fallen over 40% in the last five days. It’s going to be interesting to see if this continues for awhile.
With the Dow Jones index down nearly 40% (yes, I can remember that one), and the market in the red, it’s not hard to imagine the stock market getting even more volatile this year. Not so much that people will be selling their stocks, but it can still cause problems for the economy. According to the Economist, “the recent stock market rally is unlikely to be a repeat of the boom of the last two years”.
The Economist may be right. The last time the market was this high, it was in 1987. In 1987, the Dow Jones index was valued at $6,600. That is how much it was worth at the time, and it is almost certainly not worth a lot more now since the Dow Jones index has traded around $4,000 in the last month.
As is the market’s history, the price of stocks is not an indicator of the health of the economy. In fact, we are often told that the Dow Jones index is a proxy for the health of our economy, but that is not true. The Dow Jones index is a much more reliable indicator of the health of the economy.
The Dow Jones has a number of quirks, and the one that troubles me the most is that the number of stocks that trade below the index is often more than the number of stocks that trade above. This is because the Dow Jones index is a very broad measure of the economy and is only a little above-average when compared to other indexes. It is just an arbitrary number that we give to the markets, and most of the time it’s more or less true.
While that is true, the idea that the number of stocks that trade below the Dow Jones is an indicator of the health of the economy is not. What the Dow Jones does is it shows you how many shares there are that are trading below the index, so it’s an indicator of the strength of the market. It is far from an accurate indicator of the health of the economy because it is an arbitrary number that we give to the markets.
The idea that the Dow Jones is a reliable indicator of the health of the economy is a myth. The Dow Jones is an index that was created by the Dow Jones Industrial Average (DJIA). The DJIA uses the real, rather than the fake, money to buy stocks. The DJIA is widely considered the best indicator of the health of the economy in the US. It is not just a random number that we give to the markets.