From San Diego Union Tribune: 2024-05-26 09:15:51

The Dow Jones Industrial Average recently crossed 40,000 for the first time on May 16, marking a historical milestone for the stock market. A review of the Dow’s 5,000-point markers reveals the economic climate in California during those periods, with significant gains in home prices and fluctuations in unemployment and mortgage rates. Over the past 28 years, the Dow has increased eight-fold while California home prices have risen five times. The correlation between a strong economy, market appreciation, and low interest rates is evident, highlighting the importance of a stable economic environment for growth.



Read more at San Diego Union Tribune: The high-flying Dow Jones stock index: Good or bad for California?