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Dow 0.2 per cent off pre-financial crisis highs – chart

As the stock market continues to trade in all-time record territory, this chart provides some perspective by illustrating the inflation-adjusted Dow since 1900. 

Chart of the Day
Thursday, November 21, 2013
Thursday, November 21, 2013

There are several points of interest. For one, while most major US stock market indices trade well within record territory, when adjusted for inflation, the story changes. For example, the inflation-adjusted Dow still trades below both its 1999 peak — albeit not by much (only 0.2% below its 1999 all-time, inflation-adjusted record high). Another point of interest is how the inflation-adjusted Dow was unable to punch through the 16,000 level on its previous two attempts (see red dashed line) — the market is currently making its third attempt.

Source: Chart of the Day.

Deputy Prime Minister Philip Davis reiterated The Bahamas' commitment to adhering to Financial Action Task Force standards during a keynote address to attendees of the Caribbean Financial Action Task Force’s 38th Plenary Meeting, at the Grand Lucayan Resort on Grand Bahama, yesterday.

Minister for Grand Bahama Dr Michael Darville officially welcomed Mohamed Bin Abdulla Al-Rumaihi, Ambassador of Qatar as Special Envoy to The Bahamas, November 21, 2013.

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