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Dow 20K to Benefit Housing Market…at Least, Psychologically

By Andrew King

For a sense of the broader economy, brokers tend to familiarize themselves with other data points such as inflation, employment and gross domestic product. For everybody else, there’s the stock market. On January 25, when the Dow Jones Industrial Average passed 20,000 points for the first time, the story made national headlines. For most, it was a feel-good economic story that won’t change much except for instilling a sense of confidence and optimism.

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