A Disquieting Prospect: The Fortunes of Wall Street

The Dow Jones Industrial Average and the Nasdaq Composite have followed this upward trajectory, achieving new heights with an almost disconcerting regularity. One cannot help but remark upon the eagerness with which these figures are proclaimed, as though repeated announcement might somehow secure their permanence. Yet, experience teaches us that even the most promising ascent is subject to interruption, and that the path to lasting gain is rarely, if ever, a smooth one.








