On January 14, 2000 the Dow hit 11,722 points.
As I write, it’s at 13,190 points… just 12.5 percent higher.
Before concluding the relative failure of American businesses over the past dozen years, you may consider a different measuring stick: business earnings growth.Valueline provides free historical earnings data for the Dow Jones Industrial stocks.
You might be surprised to hear that the past eleven years have seen fabulous growth.
