...and they say the Dow is a 6-month-out predictor of the US economy
LA Times
Andrew Tangel
November 18, 2013,
6:59 a.m.
Dow hits new milestone: 16,000
Quote:
The stock market's rally has surprised even some of the most bullish prognosticators on Wall Street.
<snip>
The Dow closed above 15,000 in early May.
That was only three months after the blue-chip stock index closed above 14,000
for the first time since the financial crisis.
So far this year, the Dow is up nearly 22%.
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