Dow Jones Industrial Average hits 40,000 points for first time
"Breaking the 40,000 barrier is a big psychological boost for the bulls as round numbers hold special significance in people’s hearts and minds.
“We are in a Bull Market and people are showing some irrational exuberance (meme stocks) and dismissing bad news (slowing retail sales) and focusing on good news (slightly slowing inflation).”
https://www.theguardian.com/business/live/2024/may/16/japan-economy-shrinks-bt-cost-savings-bank-of-england-stock-markets-pound-business-live?CMP=Share_iOSApp_Other
Chuck Darwin /
npub189…vstm6
2024-05-16 17:21:11
Author Public Key
npub189h30c785w27s474gju2947zgnmrrc695elyk5lguewsl232salqdvstm6Published at
2024-05-16 17:21:11Event JSON
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