Dow hits inflation-adjusted record high

[Beet]

"On Friday, the Dow Jones Industrial Average achieved something it hadn't managed in nearly 14 years: It closed at a record after adjusting for inflation."

http://online.wsj.com/news/articles/SB10001424052702304367204579269622160017140

There are definitely some bubbalicious signs going on. I don't think we're yet at the top, but I'm pretty sure we're at some point in a bubble phase. Once again, both technology stocks and housing are playing a part this time.

[Comrade Funk]

I don't see any major problem yet. Maybe increasing oil prices will cause the correction, but other than that, I can't find anything too threatening to the economy.

In other news, lol at the Gold bulls who keep whining about hyperinflation. Gold down 30% this year. Talk about a speculative bubble...

[Indy Texas]

I don't see any major problem yet. Maybe increasing oil prices will cause the correction, but other than that, I can't find anything too threatening to the economy.

In other news, lol at the Gold bulls who keep whining about hyperinflation. Gold down 30% this year. Talk about a speculative bubble...

Ron Paul is looking at his E*Trade account and simmering.

[DC Al Fine]

I wouldn't really say we're in bubble territory yet. People are so damn gloomy. I'll start freaking out when my barber starts offering stock tips.

[DINGO Joe]

I don't see any major problem yet. Maybe increasing oil prices will cause the correction, but other than that, I can't find anything too threatening to the economy.

In other news, lol at the Gold bulls who keep whining about hyperinflation. Gold down 30% this year. Talk about a speculative bubble...

Ron Paul is looking at his E*Trade account and simmering.

What's even better is that gold miner's are down over 50%, they're carrying a crap ton of debt and have been issuing more stock (dilutive) to keep solvent.  The irony is hilarious.

[DINGO Joe]

Gotta admit I looked at my 401k and IRAs the other day and felt pretty good.