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Message Subject Economic Doom News - Financial Market Turning Points - 2013 through 2020
Poster Handle No Dhimmi
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The popular delusion is that the Dow has gone up since 2000. But the week ending January 10, 2000, the Dow was at 11,722.98.

So lets go back to that Minneapolis Fed calculator and see where the Dow would need to be today just to retain Y2k purchasing power:

The Dow needs to be at 15,822 and change just to hold even. And - remember that's after taxes on whatever supposed gains you've got - and after exchange fees and commissions.

It's not all bad, since a few stocks pay dividends, but for most of this period, the stock market wasn't sharing the dividends
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