Keeping up with the Joneses
July 11, 2019
Thumbs Up to the Green Thumb
July 18, 2019

Fun With Numbers

New York City has the highest population density of any US city with 27,000 people per square mile. Now that is a fun fact. For stock investors, numbers can be fun too, especially when markets are trading at or near all-time highs. The Dow closed above 27,000 for the first time this week and Wall Street loves round numbers. Not to be outdone, the S&P 500 traded above another round number, 3000, this week as well. To put it into perspective, a little more than ten years ago, at the Great Recession bottom on March 9th, 2009, the Dow and S&P were trading at 6,547 and 676 respectively. Cheers to the bull while it lasts!