2004-12,
Mulford, Charles W.,
Ely, Michael L.,
Maloney, Kerianne,
Martins, Mario,
Quiroz, Raul,
Jayaraman, Narayanan
With the Dow Jones Industrial Average once again trading above 10,000, investors understandably are wondering where the blue chips are headed next. An interesting long-term perspective on the subject can be gained by examining the extent to which Nominal Gross Domestic Product has explained the movement of share prices over time.