Dow Cracks 22,000

Putting the recent rise of the Dow Jones Industrial Average into perspective, on March 9, 2009, the index closed at 6,547.05, generally considered the bottom of the Great Financial Crisis (GFC). That's a gain of 236%, or, an average of nearly 30% per year in just over eight years. At that rate, compounded, $100,000 would have turned into over $800,000.

That's in an economy which hasn't had growth of more than 2.6% in any year since 2008.

That is not just absurd on the face, it's nearly impossible... unless the markets had help. Thank the Fed.

At the Close, 8/2/17:
Dow: 22,016.24, +52.32 (0.24%)
NASDAQ: 6,362.65, -0.29 (0.00%)
S&P 500: 2,477.57, +1.22 (0.05%)
NYSE Composite: 11,979.37, -20.65 (-0.17%)