Dow Jones Industrial Average To The Moon? When you get this close to a record it’s just a matter of time before it gets taken out generally. Zero Hedge added a nice table outlining economic conditions as they existed during the prior high in October 2007. Dow Jones Industrial Average: Then 14164.5; Now 14164.5 Regular Gas Price: Then $2.75; Now $3.73 GDP Growth: Then +2.5%; Now +1.6% Americans Unemployed (in Labor Force): Then 6.7 million; Now 13.2 million Americans On Food Stamps: Then 26.9 million; Now 47.69 million Size of Fed’s Balance Sheet: Then $0.89 trillion; Now $3.01 trillion US Debt as a Percentage of GDP: Then ~38%; Now 74.2% US Deficit (LTM): Then $97 billion; Now $975.6 … Continue reading David Fry