Today's Dow Has Slipped to Fourth Place
From dshort.com - Advisor Perspectives
January 21, 2013 - 1:15pm
Jan 21, 2013 Doug Short Here is the latest look at the "Sweet Sixteen" Dow recoveries adjusted for inflation/deflation I've been illustrating from time to time over the past three years. The charts below compare the current Dow recovery since the March 2009 low with fifteen other major recoveries dating from the origin of this legendary index in 1896....the current level is a nominal gain of 108.5% since the 2009 trough, which is a new interim high. However, since we're comparing such a diverse set of market eras with such a wide patterns of inflation/deflation, the real numbers provide greater insights.More...
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