Thursday, August 26, 2010

The Slow Unwind Of The Dow Jones Industrial Average

SEARCH BLOG: ECONOMY

When we talk about the economy, we tend to focus on the near term and the future.  Sometimes it is good to have a longer term look back.

After the "oil shock" decade of the 1970s with the rapid inflation and recession ending in the early 80s, the DJIA went on a two-decade flight.


Now it appears that the last decade has been the beginning of a long glide path downward.  The market seems to be telling us something.

Meanwhile...



Just saying....

2012 IS GETTING CLOSER

..