STELLINGWERF FINANCE NOTES Finance, Investment and Market Analysis
100 years of DOW Industrials Index MINUS a constant trend of about 5% per year. Last date = 11/18/2011. . The plot above shows the behavior of the DOW Ind Index over the last century. A "mean" increase has been subtracted to allow for inflation (about 5%/yr). Arrows indicate recessions. A discussion of what this type of plot could mean for future trends is given on the page "Long Term Market Trends", under "Services". Of course, we usually are more interested in shorter timescales, and these are addressed in other entries. Click on "SERVICES" for a variety of topical discussions.