(Economist.com/Buttonwood) AT THE end of 1964 the Dow Jones Industrial Average traded at 874.1. Seventeen years later, despite rapid inflation, the average had inched forward only to 875. It was the kind of grinding bear market that drove investors to despair. Near its end, Business Week famously proclaimed “The Death of Equities”.
Read the entire story
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment