In the News

Title

Relax: 20k Is Just A Number

Document Type

Article

Publication Date

1-25-2017

Abstract

The Dow Jones Industrial Average hit 20,000 points and it’s really not that big of a deal. Catalyzed by the media’s incessant coverage—consumer publications like The Wall Street Journal and Yahoo Finance published live feeds of the Dow chart as the index approached the milestone—and compounded by social media (see #dow20k) echo chambers, one would think hitting 20,000 points, which sounds a lot like winning an arcade game, should result in sirens, streamers and dancing lobsters.