Thought for the Week -1/16/2017

Thought for the Week -1/16/2017

The Astrology of Investing

Synopsis:

  • The media has coined the phrase “Dow 20K” to represent the Dow Jones Industrial Average index hovering around the 20,000 level.
  • The media has a long history of designating major milestones in stock indexes and then running countless hours of coverage surrounding the event.
  • Bulls and bears have differing opinions, and both offer convincing arguments, so investors are anxious to understand the implications of the Dow 20K.

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