Dow Nears 14,000, On Way To 36,000, Obviously: Seven And A Half Things To Know

Science has determined that people need to know 7.5 things per day, on average, about the world of business. You can’t argue with science. Lucky for you, The Huffington Post has an email newsletter, delivered first thing every weekday morning, boiling down the day’s biggest business news into the 7.5 things you absolutely need to know. And we’re giving it away free, because we love you, and also science. Here you go:

Thing One: The Phantom Panic: Dow 36,000, here we come!

When the market opens this morning, the Dow Jones Industrial Average will be less than 50 points away from the nice, round number 14,000, a level it hasn’t seen since 2007, when the financial crisis was in its infancy. From there, it’ll be just a short climb to its all-time high of 14,164.53. Econo-nerds may argue that we should adjust the Dow for inflation and therefore we’re not as close to a record as we think we are, but those people will be ignored because shut up, nerds. After that, it’s certainly only a matter of time before James Glassman and Kevin Hassett of “Dow 36,000″ fame can finally end their long reign as the clown princes of stock prognostication, along with Donald Luskin.

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Dow Nears 14,000, On Way To 36,000, Obviously: Seven And A Half Things To Know


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