How High Can the Stock Market Go?
Friday, May 31, 2013
The stock market has been on a tear recently with one measure — the Dow Jones Industrial Average — up nearly 17 percent so far this year. The stratospheric rise makes you wonder whether the market can continue to set record highs or if the bottom is about to drop out.
This week on Money Talking, regular contributors Rana Foroohar with Time magazine and Joe Nocera with the New York Times weigh in on what these market conditions mean for investors and those considering investing.
Then, Foroohar and Nocera discuss U.S-Chinese business relations on the heels of the announcement by the new Chinese president Xi Jinping that he wants to forge "a new type of great power relationship" between the two countries.
Both Foroohar and Nocera are heading to China next week for a reporting trip with a group of journalists.