The Dow Jones Industrial Average hit 15056.20 for the first time and unemployment rate continued at 7.50 percent. Although the unemployment rate dropped lower again, it continues to be still higher than it should be after such a sharp increase of the Dow Jones.
Moreover, real wage growth continues to be stagnant.
So there is no reason to celebrate. In contrary, we should wonder, who is benefits from this high record of the Dow Jones and who is getting richer?
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