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| Tekijä: | Kuhn, S. E. |
| Otsikko: | 7 things you need to know about this stock market |
| Lehti: | Fortune
1995 : AUG 21, VOL. 132:4, p. 36-40 |
| Asiasana: | STOCK MARKETS INTEREST RATES INVESTMENT ANALYSIS |
| Kieli: | eng |
| Tiivistelmä: | So willfull, the Dow Jones industrial average. It escapes last year's despair, dramatically recovers from an 82-point single-day fall in May, and runs relentlessly up to close at 4736 on July 17, an all-time high. The next three days the Dow tumbles a total of 178 points, only to dust itself off and charge upward again. So far this year, the Dow has gained an extraordinary 23%. Along the way it has snubbed such traditions as paying a decent dividend and chased a pied piper called technology. In turn it's been pursued by omnivorous mutual funds, some of whose investors are convinced that a share of the wealth is no less than their brightright. This market is almost human , albeit begging for a psychoanalyst's couch. |
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