This final note today, sending us into the weekend with some context for the Dow’s close above 14,000.
The last time the blue chips were this high — October 2007 — turns out Beyonce was in the news back then, too. Her song “Irreplaceable” was number one that year. Ryan Gosling too — he’s in “Gangster Squad” now; back in 2007, his film was “Lars and the Real Girl.”
Some things don’t change that much. But yeah, times were different back then. Concrete things: The unemployment rate was 4.7 percent in October 2007. Apple stock five years ago closed at just $167.25 a share.
And after that…. the bust.
Stories You Might Like
There’s a lot happening in the world. Through it all, Marketplace is here for you.
You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible.
Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.
