Tuesday, December 19, 2017

Mr. Dow 36000 reflects on the market's incredible climb in 2017


Thomas Heath, Washington Post [full article available by subscription]

Glassman image from
Excerpt:
The investorati lost its mind over James K. Glassman’s “Dow 36,000” [JB - see] after it was released in 1999. The Dow Jones industrial average was already in the clouds at 9,184 when Glassman, who co-authored the book, made his prediction that it would quadruple in three to five years.

Glassman is a familiar face at The Post, where he wrote a Sunday investing column from 1993 to 2004. He’s been a columnist for Kiplinger’s Personal Finance since then. ...

[Citation from the article from Google search: He [Glassman] served in the George W. Bush administration as Under Secretary of State for Public Diplomacy and Public Affairs ...]

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