With the Dow on pace to trade in positive territory for the second day in a row, the index will break its streak of 20 trading days without two consecutive up days. In the table below, we calculated each period since 1970 where the Dow had a similar streak of at least twenty days. For each period, we calculated how the index did during the month before the streak was broken (includes the performance during the two up days) as well as how it did following the second up day.
The richest one percent of this country owns half our country's wealth, five trillion dollars. One third of that comes from hard work, two thirds comes from inheritance, interest on interest accumulating to widows and idiot sons and what I do, stock and real estate speculation. It's bullshit. You got ninety percent of the American public out there with little or no net worth. I create nothing. I own.
Thursday, November 29, 2007
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