COLUMN: The Jersey mob and global recessions

Published: Wednesday, July 3, 2013 at 05:21 PM.

Tony’s quoted complaint at the top of the column also represents the thinking of many investors, who fear that they have missed the run-up in equities in recent months.

 The Dow Jones, however, is a non-inflation adjusted index, and if it were, the Dow would have to currently be at 17,000 to match 2007 highs. Additionally, there are many “Global Giants” equities that pay regular dividends which can still be bought at a fair price.

Margaret R. McDowell, ChFC, AIF, a syndicated economic columnist, is the founder of Arbor Wealth Management, LLC, (, a “fee-only” registered investment advisory firm located near Sandestin.





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