The Labour Day today is a US holiday. It is always Sept 1. The day after Labour day Sept 2, 1929 the DOW took its last all time high at 386. Two months later Nov 29, 1929 the Dow had lost 50 per cent of its value at 195. It took 26 years to get above 386 again.
In four hours it is Sept 2, again and likely a new all time high. Will that be the high for the next 26 years also?. A fundamental reason Sept 4 for not go higher again could be Ukraine. No serious thoughts of mine.
Above is the DOW at close Labour Day
In four hours it is Sept 2, again and likely a new all time high. Will that be the high for the next 26 years also?. A fundamental reason Sept 4 for not go higher again could be Ukraine. No serious thoughts of mine.
Above is the DOW at close Labour Day
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