Wallstreet reaches 13,000 mark
Today the Wallstreet Dow Jones Index has reached above the 13000 mark. This indicates a strong growth in the American economy since the burst of the Internet bubble in 2001. Now there's just the problem that the American economy didn't grow this much since that burst and that these figures are totally unjustified. When I look at the American house markets I only see weak figures and results from real estate investors. While this forms the fundamentals of a market, it seems the American market could collapse at any moment. When this happens the European markets will also fall a little but will be spared from the big fall, because these markets are just not as much overrated as the American. Nostalgia and arrogance again have taken their grip on Wallstreet.
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