Dow Near All-Time High

Today the Dow closed at 11,317, slightly lower than the all time high close of 11,337 on May 21, 2001. Frankly, I thought the Dow (and whole market) would tread water for another 5 years as it did in the 1970s. Obviously, this is not the 1970s. Our economic and policy planners should be commended. This is quite an achievement.

In case you forgot, instead of Dow 11,000, the bunny could have been running the country.