Growth5 Blog

Monday, March 9, 2009

What Year Is It?

Can you guess what year the following events happened?

A) African American politician becomes first to hold top US government position.

B) Over 125,000 U.S. soldiers in foreign country fighting controversial war.

C) Dow Jones hits 6,500.

Answer: We'll accept either 2009 or 1966. Answer key below.

With the Dow falling below 6,500 (the same level as inflation-adjusted 1966), we have now lost half of the gains the market achieved over the 25 year period of 1982 - 2007.

Answer Key:

A
1966: Robert C. Weaver / Cabinet member
2009: Barack Obama / President

B
1966: Vietnam / 190,000
2009: Iraq / 140,000

C
1966: inflation-adjusted 6,500
2009: Dow Jones dips below 6,500

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