While the median predictor in the Forbes magazine contest said the figure would be 4,344, the gap between forecast and reality demonstrates just how remarkable the stock market was in the last decade.
In a sign of the bull market's remarkable resilience, stocks recaptured most of their early losses after an earnings warning from Compaq cpq sent the market south at the opening of trade this morning.
Over shorter periods of two to three years or less, wine as an asset class displays remarkable correlation with stock markets according to Liv-ex's Gibbs.
Nonetheless, if Dave argues that Twitter or Facebook or Google or Apple or (used to be) Microsoft is locking us in the trunk of corporate control and forcing us to rent our data back, there is a remarkable correlation with stock price, acquisition likelihood, Hollywood movie interest, and general hockey stick velocity up and to the right.
The remarkable auction occurred as stock indexes on Wall Street edged higher, buoyed by recent strong corporate earnings and a month-to-month rise in housing sales.
More remarkable was that Amazon stock got a fresh shot of helium while most of Wall Street was given over to chagrined retrenchment.
In just three short years, it went from the most remarkable heights in the stock market to the crushing depths in the post-dot-com meltdown.
The remarkable run-up in stock prices over much of the last decade has been tempered or even reversed by some measures over the last six months, though it remains almost as breathtaking as ever by others.
The city, with a population of 41,000, witnessed a remarkable democratization of the stock market with the proliferation of 401K plans and other tax-favored investments like Individual Retirement Accounts.
Finally, other surveys conducted in countries yet characterized by a remarkable development of the stock market (UK) showed that in order not to waive control rights, many entrepreneurs would be willing to fund innovation with debt capital (Aghion et al. 2004).
