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Monday, October 09, 2006

Angry Bear - On That Record Dow

Brooke Masters writes:
Even the Dow's record is not quite as impressive as it seems. If inflation is taken into account, the Dow has to rise another 2,150 points before it will set an all-time high.

It does seem that certain rightwingers are high-fiving over the fact that the Dow has reached 85% of its January 2000 level in real terms.

read the rest:

Angry Bear


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