Thursday, March 7, 2024

Sunday, March 3, 2024

WSJ: 25 YEARS AGO: Dow Industrials Top 10000

 By SIMON CONSTABLE

In 1999, as the dot-com bubble inflated, the Dow Jones Industrial Average surpassed a major milestone: It closed above 10000 for the first time.

“Dow 10000 absolutely meant something to people not on Wall Street,” says Dan Rasmussen, chief investment officer at Boston-based Verdad Advisors. “For those who don’t follow market swings, these milestones are hugely important.” Read more here.



Tuesday, February 27, 2024

Forbes.com: Germany’s Latest Challenge To Its Economy: Boosting Military Spending

 By SIMON CONSTABLE

Finally, Germany is going to hit its military spending target. But it’s doing so amid a brutal recession that isn’t expected to end any time soon.

In short, it means that the country will be cash-strapped, experts say. Read more here.


The “red fighter aircraft” _Manfred Freiherr von Richthofen, 

with his red-painted three-decker. 

Vitold Muratov scan, digitalisation.

CC BY-SA 4.0, via Wikimedia Commons


Forbes.com: Is Britain’s Political Chaos Set To Cause An Economic Slump?

By SIMON CONSTABLE

By looking at UK newspaper headlines, you might think the country is in political chaos. There may be some truth to that claim, but it’s less uncertain than it has been for years.

It matters because uncertainty around government policy tends to slow growth. Read more here.


See page for authorOGL-ON, via Wikimedia Commons