Maybe we are near the end of the 7 years of plenty.  Lots of 12’s, 24’s and 7’s in the news about the Dow.  I’m sure there is prophetic significance here…
 

NEW YORK —  The Dow Jones industrial average cracked 12,000 for the first time on Wednesday, furthering its recent record-breaking streak into never-before-reached territory on the back of upbeat inflation news.

The index of 30 big-name stocks surpassed the milestone just after trading began, rising as high as 12,046.63. The Dow had already set closing records seven times during the past two weeks.

It took the Dow 7 1/2 years to make the trip from 11,000, having been pummeled during that time by the dot-com bust, recession and the aftermath of the 2001 terror attacks. That slow trek was a striking contrast with the Dow's sprint from 10,000 to 11,000 in just 24 days in the spring of 1999, during the heady days of the Internet boom.

Blessings,

Tony Ellsworth