Record breakers

Markets

Record breakers.

The record breaking highs just keep on coming as the Dow Jones Industrial Average yet again sets another record high on 18/09/17.

The Dow Jones closed up at: 22331

The S&P 500 closed up at: 2503

The NASDAQ closed up at: 6454

For how much longer can these levels be sustained? At the moment nothing seems to deter the meteoric rise of the Dow!

Not even the threat of nuclear war, hurricanes, terrorist attacks, Donald Trump policy struggles, lofty valuations and investor complacency. What will tug this market back down to a sense of reality again?

Maybe it will be plain old simple complacency that will kill it off in the end.

 

 

No Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

Markets
FTSE 100 companies going ex dividend this week

FTSE 100 companies going ex dividend this week on 28th September 2017… Worldpay Group PLC (WPG) Intertek Group PLC (ITRK) Smurfit Kappa Group PLC (SKG) Morrison (Wm) Supermarkets PLC Hargreaves Lansdown PLC  

Markets
Federal Reserve meeting update

Federal Reserve meeting update. The Federal Reserve on Wednesday (20/09/17) announced it will start reducing the size of its balance sheet. At something like $4.5 trillion it will now, after nine years finally start reducing the balance in October 2017 on a monthly basis. US interest rates were held at …

Markets
Dow Jones Industrial Average up again

Dow Jones Industrial Average up again I don’t know how many more times I will report on the rise of the Dow but it did it yet again yesterday (19/09/17). A new high was reached and at close the DJIA was: 22370 The outcome of the Federal Reserve’s policy meeting …