Ignore the Last Few Weeks. It's Been a Heck of a 25 Years.
IT has not been the best few weeks ever for stock market investors, but it has been the best 25 years.
As stock markets gyrated this week, the United States stock market was approaching the 25th anniversary of the beginning of the great bull market. The Dow Jones industrial average hit bottom on Aug. 12, 1982, at 776.92, during a recession and with interest rates very high.
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As stock markets gyrated this week, the United States stock market was approaching the 25th anniversary of the beginning of the great bull market. The Dow Jones industrial average hit bottom on Aug. 12, 1982, at 776.92, during a recession and with interest rates very high.