Word: dows
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Dates: during 1990-1999
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...long as big companies are throwing their weight around again, traders don?t even have time to worry about the Fed (meeting tomorrow. The smart money?s on no rate hike). Sprint shares were hopping Monday on the news of a duel for the maiden?s hand, and the Dow and NASDAQ alike were following suit. At least some folks still know the value of a wheelbarrow-ful of the green stuff...
...veritable glut of news--a war here, an earthquake there, interest rates falling or rising, the introduction of a new wonder drug--we are forced to pick and choose what is important enough to notice. We analyze the booming economy and judge it to be healthy because the Dow Jones closes at a record-breaking 11,000, but ignore the widening chasm between rich and poor; we latch on to the fact that this will be the most expensive presidential race in history, but decline to pay attention to falling voter turnout. More and more often, we gravitate towards...
...board meeting October 5. The uppercut? Microsoft prez Steve Ballmer?s must-have-had-a-few-too-many comments to a roomful of tech reporters about how tech stocks - even his - are way overvalued. Investors fell all over themselves to drop the Nasdaq 108 points, with the Dow in hot pursuit. With the sell-off still chugging along on Friday, are we in for a cruel, cruel Indian summer...
...really done much since April," says Baumohl. "Investors here are looking at the beginnings of a recovery in Asia and Japan, and suddenly they feel very overweighted in dollar assets." That means dollars and U.S. equities are getting dumped for yen and Japanese ones. If it keeps up, the Dow could easily dip below that vaunted 10,000 sometime this fall, but Baumohl doesn?t see the end of the U.S.? recent golden age. "I still don?t think the Fed is going to raise rates," he says, "and the economy is still fundamentally very solid." And what...
Shrinking dividend yields. Soaring price-to-earnings ratios. Bloated book values. Today that's so much hooey. The Dow is about to triple, argues a soon-to-be-released tract for our times--Dow 36,000 by journalist James Glassman and economist Kevin Hassett...