Yesterday, we reported on the latest money woes in Argentina. Today, we turn back to the US.
The Dow caught a bid yesterday, with a 90-point rise, bringing it to rest at 15,928.
That’s 15,017 points higher than the low it hit in 1981, just after Ronald Reagan was elected. In 1982, US stocks began a sustained and spectacular rise. Over a 33-year period, the market value of America’s most important corporations rose nearly sixteen-fold.