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The Sound of Ideas

Stock Market Hits High Note (Again)

Posted Thursday, October 5, 2006

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It's been seven years since the Dow Jones Industrial Average reached the stratospheric levels where it closed this past Wednesday. And across the business world, there is jubilation. Or is there? Local financial experts are divided over what these numbers mean to investors. Should we credit the high-tech boom? Or is the jump due to falling oil costs? The bottom line is that the Dow is only a 30-stock index, so why the euphoria? We'll gather several experts from the area to talk stocks and bonds, and dollars and sense.

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Guests

Shawn Turner, Crain's Cleveland Business Finance and Legal reporter; Joseph Haubrich, Senior researcher and economist, Federal Reserve Bank of Cleveland; Ivan Gelfand, investment manager

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Every weekday at 9:00 AM (EST), The Sound of Ideas reports the news, explains the news, and sometimes makes news. The Cleveland Press Club awarded it “Best Radio Show” in Ohio and thousands daily find it to be an indispensable source of information about what’s most important to Northeast Ohioans.

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