ECON kickoff March 6-18

Yesterday, the Dow Jones hit an all-time high – 14,296 – which, as you can see from the chart, is a 100+% increase since the March ’09 bottom of the crash.

Dow Jones Industrial Average (^DJI) - March 5, 2003 - March  5, 2013

Dow Jones Industrial Average (^DJI) – March 5, 2003 – March 5, 2013

Some economists see this as a positive sign, others have a more negative outlook.

Optimistic – Adam Shell, USA Today (skip the video, scroll down to the text)

Pessimistic – Paul Lamonica – CNN Money

With your group, read both of the articles above.   You will then create a blog post answersing the following questions:

copy/paste questions 1-3 to a new blog post.  Please bold your responses.

1.  What arguments are made to support the optimistic point of view?

2.   What arguments are made to support the pessimistic point of view?

3.  Which side do you think has the more persuasive argument?  Why?

4.  Go to smartstocks.com – if you are an optimist, buy more stocks (especially Dow Jones stocks).  If you are a pessimist, sell some of your stock now before prices start dropping.

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