 | |
| Authors | |
|---|---|
| Working title | Dow 36,000 |
| Genre | Investments |
| Publisher | Crown Business |
Publication date | October 1, 1999 |
| Publication place | United States |
| Pages | 304 |
| ISBN | 978-0812931457 |
Dow 36,000: The New Strategy for Profiting From the Coming Rise in the Stock Market is a 1999 book by syndicated columnist James K. Glassman and economist Kevin A. Hassett,[1][2] in which they argued that stocks in 1999 were significantly undervalued and concluded that there would be a fourfold market increase with the Dow Jones Industrial Average (DJIA) rising to 36,000 by 2002 or 2004.[3][4] The bursting of the dot-com bubble of 2000, September 11 attacks in 2001, and the Financial crisis of 2007–2008 ensured that the titular target would not be attained within the author's suggested timeframe. It wasn't until 2021 when Dow 36,000 would be reached in actuality, 22 years after the book was published.[5]
- ^ "Review of Dow 36,000", Publishers Weekly, 1999, retrieved April 12, 2017
- ^ James K. Glassman; Kevin A. Hassett (October 1, 1999). Dow 36,000: The New Strategy for Profiting From the Coming Rise in the Stock Market. Crown Business. pp. 304. ISBN 978-0812931457.
- ^ Cite error: The named reference
worldcat_1999_Dow 36000was invoked but never defined (see the help page). - ^ Paul Krugman, Dow 36,000: How silly is it?, MIT, retrieved April 12, 2017
- ^ Sherter, Alain (November 2, 2021). "Dow stock index closes above 36,000 points for first time". CBS News. Retrieved November 3, 2021.