search query: @author Mandel, M. / total: 11
reference: 9 / 11
Author: | Mandel, M. |
Title: | The triumph of the new economy |
Journal: | Business Week
1996 : DEC 30, VOL. 3492:822, p. 31-34 |
Index terms: | USA STOCKS INFORMATION |
Language: | eng |
Abstract: | It was a good year to be an optimist. In 1996, defying the warnings from skeptics , investors big and small shoveled money into the U.S. stock market, which hit record after record. Over the past year, despite the recent correction, the Standard & Poor's 500-stock index has returned 200%, plumping up many a brokerage account and retirement portfolio. Since the beginning of 1995, the market has gained an astounding 65%. Is the market crazy? Hardly. Underlying the equity boom is the emergence of a New Economy, built on the foundation of global markets and the Information Revolution. |
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