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Dow at 17,000 — but you’re not invited

By Larry Elder
Published July 10, 2014 2:48pm ET
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Dow at 17,000 — but you’re not invited
The stock market reached a record high last week, closing over 17,000 for the first time. (iStock Photo)

The stock market reached a record high last week, closing over 17,000 for the first time. Good news, of course. As President John F. Kennedy famously said, “A rising tide lifts all boats.” But it sure helps if you own a boat.

In this case, the “boat” would be the dynamic American stock market.

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