Dow 20,000! We did it!

      No Comments on Dow 20,000! We did it!

I’m just kidding, nobody cares about arbitrary round numbers that we happen to have passed on an index that kinda sorta measures growth of big companies in America.

And may god help you, if like Business Insider, you post a graph of 100+ years with a linear instead of log y-axis.

djia landmarks COTD

I have to admit, though, if a year ago you told me Trump would be President and we’d be at Dow 20,000, I’d have thought you were totally off your rocker.

By the way, if the Dow goes up by¬†10% per year, we’ll be at Dow 100K right around the end of 2033. If it goes up by 5% it’ll be right at the beginning of 2050. Compound interest, you crazy.

Leave a Reply

Your email address will not be published. Required fields are marked *