Comment on Terry Savage: As markets hit record highs, complacency is a risk

Terry Savage: As markets hit record highs, complacency is a risk

The stock market keeps reaching new highs on the major indices: The Dow Jones Industrial Average did it in mid-May, and the S&P 500 and the NASDAQ did it in mid-June. A casual glance at the evening news headlines gives the sense that all is well in the financial markets. Last week’s column discussed a Harris poll showing that 56% of Americans think we are already in a recession, which couldn’t be farther from the truth.

 

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