In 1982, the Dow hovered below 1000. Then, the market rose and rapidly gained speed until it peaked above 11,000. Noted journalist and financial reporter Maggie Mahar has written the first book on the remarkable bull market that began in 1982 and ended just in the early 2000s. For almost two decades, a colorful cast of characters such as Abby Joseph Cohen, Mary Meeker, Henry Blodget, and Alan Greenspan came to dominate the market news.
This inside look at that 17-year cycle of growth, built upon interviews and unparalleled access to the most important analysts, market observers, and fund managers who eagerly tell the tales of excesses, presents the period with a historical perspective and explains what really happened and why.
Sophisticated investors subscribed to newsletters such as Fred Hickey’s Hi-Tech Strategy letter, Richard Russell’s Dow Theory Letter, Grant’s Interest Rate Observer, Marc Faber’s Gloom, Boom and Doom Report, or welling@weeden, a newsletter that began circulating in 1999, featuring interviews with some of the best minds in the financial community.
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