Setting up for the final bloodbath perhaps? http://www.news.com.au/business/markets/dow-jones-soars-to-new-heights/story-e6frfm30-1226591158332
Being a price-weighted index of only 30 corporations it still baffles me why the DJIA gets any airtime.
"The last time we were here, the economy was about to fall off a cliff." With the U.S suspending the debt ceiling everything doom and gloom has been put off for at least a few months if not years.
What did Kyle Bass say? " In nominal terms the best performing market in the world was Zimbawe's...but where in real terms all your entire portfolio could buy is a few eggs".