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Showing posts from January, 2016

2015 Prognostication Quiz, Final Post and WINNER

11. Stocks (December 31) The Dow Jones Industrial Average index had an good year in 2014, rising by 8%, after a 25% rise the year before. It is currently at around 17,900. Will the Dow continue climbing in 2015, or are we in line for a market correction? What will be the year-end close for the Dow? a. under 16,000 b. 16,000 to 16,800 c. 16,800 to 17,600 d. 17,600 to 18,300 e. 18,300 to 19,000 f. greater than 19,000 The markets did not do very well this year, ending 2015 in negative territory (though just barely). The Dow Jones ended the year down a few hundred points, at 17,425.03. This means the answer to Question 11 of the 2015 Prognostication Quiz is C. Congratulations to the seven intrepid contestants who went against the grain to predict a down year for stocks. The Barely Bears Janet C. Rachel H. Stephanie A. Russell V. Cameron M. Ellen Y. Adam K. 12. Bitcoin (December 31) Bitcoin is a fledgling digital currency that has made headlines the past tw