Saturday, October 07, 2006

FT recounts the Dow's return to grace

The Dow has reached all time highs, after 6 years of falling, recovering, and now, seemingly prospering, although doubters are weary of the recent highs. How did we get here? From the tech bubble bursting to Enron and SOX, the Financial Times had a great article covering the transition from the hey-days of 45+ PE multiples to the more realistic markets we see today. Check it out here.

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