The Dow hits a record high -- how does this affect you?
The Dow surged above 14,200 today, but does that change the way people feel about the economy? We asked what this means to you -- if anything at all.
- It does for me. I have made quite substantial gains for this year already. While it may be a jobless recovery, this is still a good thing. Hopefully, it will add some jobs, especially in my state of Rhode Island. Would you rather it be down? By the way, I am an enlisted member of the Army, so this "only the rich make money" is completely false.
- The Dow is only 30 stocks and daily market movements can (and are) manipulated by those with enough stakes and making a play. I still follow them, but S&P 500 should be used as "the market" indicator instead. Also "analysis" doesn't need to be daily, but weekly makes sense - unless significant news day.
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