Since the dollar has lost approximately 24% of it’s value during the last 5 years, the DOW would have to top 17,500 in today’s $ to equal 2007’s high of 14,164.
hmmm, you understand the above but not the future's market?
20 posted on 01/28/2013 6:20:50 PM PST by GOPJ
( Revelation can be more perilous than Revolution. Vladimir Nabokov)
Oh, I understand plenty. Some don’t seem to understand the present/future effects of capital expansion vs credit expansion and which one has been occurring during the last 20+ years.