Pam and Russ Martens: Are corporate media tricking public with reports that stock market is setting new highs?


By Pam and Russ Martens
Wall Street on Parade
Monday, September 9, 2019

On January 26, 2018, the Dow Jones Industrial Average set a new record high of 26,616.71. Despite setting new highs multiple times thereafter, the moves were so negligible on a percentage basis that the reality is that the stock market has been a real dog over the past year and a half.

This past Friday the Dow closed at 26,797.46. That's a meager 180.75 points, or less than 1% percent move in 19 months. That's not exactly the stuff retirement dreams are built on.

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But if you're a typical American who has to rely on headlines or TV sound bites to tell you what's going on in the market because you're too busy working long hours, running the kids to dentist appointments and soccer games, and doing grocery shopping and laundry on the weekends, then you may have been fooled by corporate media into thinking the stock market has been doing great. Here's why. ...

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