I can remember the heady times when we celebrated “Dow 10,000” with CNBC. Now, it seems that we may be returning to Dow 10,000, except this time there’s little cheering to be heard. While some say that this will be a good thing, finally breaking “market exuberance” once and for all, I can’t help but think of the pain this is going to cause the working men and women. I may work in a white collar world, but I grew up blue collar, and I still stand there in a lot of my views.
I can remember when this song was first popular. Now, as my kids approach the age I was then, it would seem poised for a comeback.
It’s still a good tune, though.