Why the Dow Doesn't Deserve to Hit 17,000

We're straddling 17,000 on the Dow Jones Industrial Average ($INDU -0.06%). But it just doesn't feel right. It has to be the most unenthusiastic rally in a generation -- maybe more

 

It's not that there isn't reason to be buying stocks. We are now five years into an economic recovery that began in mid-2009, according to the National Bureau of Economic Research. It's been a slow slog. It's been paced. Those are actually good reasons to be buying stocks. A rapidly growing economy, which coincided with the dot-com boom and the housing bubbles, usually go belly up as quickly as they rise.

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