re: Dow Jones Industrial Average hits 40,000 for the 1st time

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Dow would be at 50k, We'd have peace in the ME, no war in Ukraine, gas would cost $1.50/gallon, interest rates would be 2.5%, salaries up, inflation down, and a strong southern border.

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Obviously I’m just poking the OT bear praising Rotten Potato Head for the DOW; however, very doubtful we’d have $1.50/gallon gasoline right now unless some other event crashed oil and gasoline demand. It took Covid crashing oil demand, sending prices “negative” to get it that low last time.

But shite sure was nice in the Fall of 2019 with $2.50 gasoline, then-record high 28,500ish Dow, and about 3.5% unemployment rate that wasn’t some contrived number, and a less than 2% inflation rate.

Then all hell broke loose thanks to our wonderful friends in China.