Great chart here via Bob Seawright (H/T: The Big Picture/Bloomberg View). The chart shows Dow Jones Industrial Average gains off of 5 year lows. I don’t know if this chart should scare the daylights out of us or give us the impression that there’s a lot more room to run. Feel free to let me know what you think….
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.
He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.