Tag Archives: stock market

Dow 10,000: Who Cares?

Does anyone remember when the Dow hit 14,000 back in 2007? Those were the golden days – you could buy a house with little or no credit, unemployment was low, peoples’ credit card limits were still high, and only a few people had heard of subprime mortgages (and even less understood them). Now, the Dow […]

A jobless recovery?

Economic recovery doesn’t mean what it used to. As usual, it means a comeback in stock prices, particularly the Dow Jones Industrial Average, which has jumped almost 4,000 points since it bottomed out in March of this year. And it necessarily means a resurgence in the financial sector. But outside the gates of Wall St., […]