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A Terrible 5 Years, So What’s Up with the Dow?

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2 Responses

  1. Peter says:

    Great post. Cheap money from the Feds plays a big role. With near 0% interest rates the speculators, hedge funds and banksters have had a nice line of credit to play with, which clearly is reflected in the Dow’s “value”. Investigating the role of margin calls would also be interesting here. The Dow has pretty much lost any predictive value in terms of the US economy and the financial state of the 99%; turns out it really just is a casino for the uber-wealthy.

  2. Aaron Saiger says:

    The increase in the use of food stamps is staggering, and much less well publicized than the increase in unemployment.