If you’re over the age of 50, you can probably relate to my colleague, who took a look at the closing Dow average today and proclaimed,”someone wants me to die here at my desk.”
To paraphrase: “Retirement is not an option.”
The Dow closed at its lowest level in the last six years.
What’s our next benchmark? If the Dow drops another 180 points, it’ll be at the lowest level since October 28, 1997, the day the “Asian flu” halted trading on the New York Stock Exchange for the first time… ever.