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originally posted by: tothetenthpower
a reply to: seasonal
The DOW itself is a poor indicator of economic success where it really matters, the middle class.
Since most of the money in the DOW never sees any other part of the economy ( it's just invested and reinvested within the same set of financial products) it basically serves as a means to tell you that the rich are getting richer.
The DOW could be at 30K and the middle class would still have shrinking wages and crap jobs, if they have jobs at all.