The Happiest of Times and Places
A number of the happiest cities in the USA are in Colorado, according to a new survey from National Geographic Magazine. The measures of happiness include "15 metrics—from eating healthy and learning something new every day to civic engagement, financial security, vacation time, and even dental checkups—that signal happiness. The National Geographic Gallup Special/Blue Zones Index draws on nearly 250,000 interviews conducted with adults from 2014 to 2015 in 190 metropolitan areas across the U.S." And no, they didn't ask respondents if they were marijuana consumers. NationalGeographic.com/HappiestPlaces
These are happy times.
The Dow Jones Industrial Average crossed 23,000 recently. A month ago, the SP500 crossed above 2,500. And, in 2009, both indices were approximately one-third today's value. Having nearly tripled in value--not including dividends--in less than a decade, equities are still the source of so much stress. Still, we worry.
Do you feel like it can continue, this stock market rally?
Or is it something much bigger than a rally. Is it, perhaps, a sign that investors are all asleep at the wheel?