Securing the Future - Energy and Natural Resources without Hype and Subsidies
Sunday, January 08, 2017
Why Dow 20,000 Is So Boring?
(Source: Wall Street Journal)
media cannot stop tweeting about the possibility of Dow Jones Index breaching the 20,000 mark. Rising stocks boost public confidence and sense
of affluence. Yet, for the broad population, the rising market index doesn’t
seem to generate widespread excitement. Why is that? A possible reason is: lower
direct participation by the public in market activities, both in listed
securities and new issues (IPOs).