Mises Wire
Author:
Pavel Mordasov
Online Publish Date:
The US financial markets have redcently experienced two milestones as the S&P 500 reached 3,000 on July 10 th and the Dow Jones Industrial Average (DJIA) crossed 27,000 the next day. The immense rise in the equity market is a remarkable feat from its lows following the mortgage crisis where the DJIA hit 6,507, and the S&P 500 fell to 676.53 on