Does the longer term chart clarify? Look at the recent bull run (1980-2000), compare to prior bull runs. Look at the current stagnation (2000-), compare to prior stagnations. Better to look at real (inflation-adjusted). Better yet to look at a broader index, SP500 or Wilshire 5000.
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Quote de mossguy
We're DOOMED!! I say, DOOMED!!
I'm not saying were doomed. I'm simply trying to understand how the overall value of the stock market expanded 11 fold in 30 years, when it had taken 76 years to get to 1000.
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