Opening Bell: 2.9.26

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Opening Bell: 2.9.26

dealbreaker

5 months ago

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The road to Dow 50000 was perilous. What’s next could be rockier. [WSJ via MSN]An unsigned [1900] Wall Street Journal column now attributed to [Charles] Dow weighed customs data, coal prices and rail earnings against stock pickers’ penchant for euphoria. Should boomtowns dotting the new market be expected to shrink back into villages—or less? The answer, the author wrote, depended on whether “every boom carries with it the potentiality of a serious relapse….”The road to 100,000 will run through...

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