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The Dow Jones Hit Its Bull Market High 10 Years Ago Today

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LOOK HOW FAR WE'VE COME
"On Friday, January 14, 2000, the Dow closed at 11,722.98 -- a level it wouldn't break for over six years. That peak capped an amazing 17-1/2 year run. In the ensuring 10 years, we’ve lost about 1,000 points or roughly 8.9%. Inflation, or at least the CPI, has increased by about 28% which makes the inflation-adjusted close from ten years more like 15,000. Ten years ago, gold was going for about $280 an ounce (around $360 inflation adjusted)."

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