Now that the Dow Jones has topped the 10,000 mark, everyone has an opinion on what this means for the state of the economy and whether or not we’re recovering from the recession.
Obviously, the stock market is not the only indicator of how the economy is performing, but it can be a strong psychological factor in the decisions people make — from spending to investing to saving.
While the Wall Street Journal focused on worried investors, I want to know what you think about the Dow hitting 10,000. Does it matter? Is it the beginning of another bubble? Or is the economy really showing signs of life?
So: what does the Dow 10,000 mean?
Answer the poll below and then let me know why in a comment.
[poll id=”26″]
{ 2 comments… read them below or add one }
It means we can party like it’s 1999! Hope to see you at FS one day.
Best
I’m surprised not a single person has voted that the economy is back on track.
Is it worry? Or the fear of being too optimistic? Or something else?