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#Dow hits 40,000: Why the DJIA is hitting new records faster
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24,273 Views • May 16, 2024 • Click to toggle off description
The DJIA has just hit 40,000 – but didn’t it just reach 30,000 three years ago? The Dow’s milestones keep coming faster and faster - WSJ’s Gunjan Banerji explains why.

#Dow #DowJones #Shorts
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Views : 24,273
Genre: News & Politics
Date of upload: May 16, 2024 ^^


Rating : 4.822 (33/708 LTDR)

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User score: 93.33- Overwhelmingly Positive

RYD date created : 2024-07-11T01:37:07.14019Z
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YouTube Comments - 32 Comments

Top Comments of this video!! :3

@thomascowart3

1 month ago

So basically they just explained how exponential functions work for people that don’t know what exponential function are?

55 |

@CHMichael

1 month ago

Its called exponential growth.

10 |

@pedroribeirocanoas6600

1 month ago

How does this graph behave on a logarithm scale?

6 |

@AndreaDoesYoga

1 month ago

Amazing progress! Keep it up, Dow 🚀

2 |

@5k-fcr121

1 month ago

easy explanation: exponential money printing results in proportional asset valuation growth

12 |

@Katherine-qs8ws

1 month ago

Did…did you just explain what basic exponents are

3 |

@RDRLegend23

1 month ago

And the money printers continue to go brrrrrrrr

34 |

@jc4418

1 month ago

Dayum I didn’t expect gunjan to look like that!

2 |

@bobthemagicmoose

1 month ago

Serious question: why does WSJ keep reporting on DOW milestones? Because of inflation it’s value declines in real dollars and, as shown in this video, it grows exponentially so a linear scale isn’t useful.

7 |

@user-fj3it6qp1l

1 month ago

compounding effect

2 |

@MiddleClassSeats

1 week ago

I need my money to work like this

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@JustaKubrickFan

1 month ago

Neat. Isn't it interesting how statitistic can be a great deception tool.

7 |

@crooger3594

1 month ago

It was mostly the same talk in the start in 1928-1929... the rest is history which seems to be forgotten for most people sadly .... should keep you awake at night in my opinion.

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@apprehensivetoe9811

1 month ago

Easy they printed money to buy a bigger printer to print more money.

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@carultch

1 month ago

Exponential growth cannot continue forever on a finite planet.

1 |

@brandonedlin2052

1 month ago

Guess you can make a lot of money when you over charge, underpay, and take away everyone’s health benefits. At least until they get smart enough to do something about it.

1 |

@Peculate

1 month ago

The Federal Reserve added trillions of dollars to its balance sheet through quantitative easing, and much of that liquidity went into inflating asset prices, enriching the rich.

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@LyricsQuest

1 month ago

Would be neat to chart this against population size, real gdp, and monetary supply. Think there's a good chance there'll be something quite noticeable around 2009.

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@jonr6680

1 month ago

Comments are mostly wrong. It's not exponential. That's mathematically incorrect. It's not just compounding. That only applies to monetary value. (And the explanation woman is right - but utterly pointless...) Early days, literal growth in value WAS from real world innovation, discoveries, exploitation across finance, globalisation, industrial processes, research...& Population growth. NOW we have an insane desire aka need to believe that growth in value can be 'forever'. The corporations, the investors, the economists... Everyone is pulling in the same direction. The real world growth has been hijacked by a crazy Ponzi-like mutual delusion. Until one day something happens to burst that bubble. TLDR? A crash is coming. It's inevitable. The only question is when & how big. The biggest problem in this century is how so many goods & services are simply not necessary for survival, effectively mostly luxury toys. And the globalisation which fuelled capitalist greed is running out of steam as the cheap countries now have their own aspirations. Essentially the old industrial countries gave away their production capacity and now can't compete on cost - or even quality now. The future will be grim, no matter how you try to wish it away with fancy graphs & attention-deficit video explainers.

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@chessopenings

1 month ago

money printing

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