Dow 30000 and the Drawback With Lengthy-Time period Capitalism
The Dow Jones Industrial Common hit 30000 for the primary time on Tuesday, after a rally of greater than 60% from its March lows.
Opposite to in style criticism of economic markets as excessively preoccupied with the instant future—generally known as quarterly capitalism—equities are actually clearly demonstrating traders’ long-term horizon. In truth, that’s the place the principle dangers to the rally now lie.
Market information on CNN.
Dow Jones – Dow 30000 and the Drawback With Lengthy-Time period Capitalism