Monday, March 05, 2007


Some experts said the Dow would tumble 1,000 points before "correcting" --- as those who understand the Real Economy know. (RE is the title of a forthcoming Think Tank multi-part series)

It didn't.


Anonymous Anonymous said...

Isn't it a bit early to be declaring that the "correction" is over? Things are far from being settled, as far as the markets are concerned. Global markets are still jittery, and that could have profound effects on American markets for the rest of this week, and beyond.

March 05, 2007  
Blogger Ben Wattenberg said...

Not at all Mr. A.

The long term secular trend of the NYSE --- shows that a basket of stocks --- counting dividends --- gained ground over any ten year period --- including the worst of the Depression

March 05, 2007  

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