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Shanthi Rexaline

Economist Warns Of Imminent Collapse As Dow’s Winning Streak Continues

Peter Schiff Jerome Powell Interest Rates Deficit Dow Jones the Federal Reserve

Photo Illustration Dow Jones Industrial Average (DJIA), on July 22, 2023, Suqian, Jiangsu Province, China. (COSTFOTO/GETTY IMAGES)

The Dow Industrials has been on an extended runup despite the abounding headwinds, with analysts attributing the strength to the market’s resilience and the Federal Reserve likely nearing the end of its rate-tightening cycle.

Photo Illustration Dow Jones Industrial Average (DJIA), on July 22, 2023, Suqian, Jiangsu Province, China. (COSTFOTO/GETTY IMAGES)

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