Item request has been placed!
×
Item request cannot be made.
×
Processing Request
Dow 10,000 — So What?
Item request has been placed!
×
Item request cannot be made.
×
Processing Request
- Author(s): Cranford, John
- Source:
CQ Weekly. 10/19/2009, Vol. 67 Issue 39, p2418-2418. 1p. 1 Color Photograph, 1 Graph.
- Subject Terms:
- Additional Information
- Subject Terms:
- Abstract:
The article focuses on the above 10,000 Dow Jones industrial average and its implication to financial markets. It asserts that the industrial average should not be taken as an indicator of good economic condition considering payroll position and employment. It implies that investors mistakenly interpret the average to mean economic growth and that they are viewing it as indication of good economy. It argues on the plan of the government to release new estimate for gross domestic product (GDP).
No Comments.