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Despite its flamboyant title, Dow 36,000 was a book of sober explanation, not of wild prognostication.
Although turbulence in the U.S. stock market over the past year has unnerved many investors, stocks remain by far the best long-term form of investment for most people.
The author writes that he wasan extremely unlikely candidate to write a book with a sensational title like Dow 36,000.
Dow 36,000, by James K. Glassman and Kevin A. Hassett
The conventional model for valuing stocks has been rendered obsolete and that the inaccurate warnings of the financial establishment have kept Americans from enjoying the equity boom.
World markets have been in turmoil recently, as bad inflation news in the United States spooked many investors.
When you stake your nest egg on a guess about what's around the next corner, you are playing a dangerous game, at odds with history.
