Listen Live
Donate
 on air
    Schedule

    KCRW

    Read & Explore

    • News
    • Entertainment
    • Food
    • Culture
    • Events

    Listen

    • Live Radio
    • Music
    • Podcasts
    • Full Schedule

    Information

    • About
    • Careers
    • Help / FAQ
    • Newsletters
    • Contact

    Support

    • Become a Member
    • Become a VIP
    • Ways to Give
    • Shop
    • Member Perks

    Become a Member

    Donate to KCRW to support this cultural hub for music discovery, in-depth journalism, community storytelling, and free events. You'll become a KCRW Member and get a year of exclusive benefits.

    DonateGive Monthly

    Copyright 2026 KCRW. All rights reserved.

    Report a Bug|Privacy Policy|Terms of Service|
    Cookie Policy
    |FCC Public Files|

    Back to To the Point

    To the Point

    The Paradox of Rising Indicators in a Troubled Economy

    In 2009, the Dow Jones Industrial Average bottomed out at 6,500. Since then, it's more than doubled, with another record closing last week at 15,354. Standard & Poor's and other market indexes are also setting records and housing construction is showing signs of a restoration.

    • rss
    • Share
    By Warren Olney • May 12, 2014 • 1 min read

    In 2009, the Dow Jones Industrial Average bottomed out at 6,500. Since then, it's more than doubled, with another record closing last week at 15,354. Standard & Poor's and other market indexes are also setting records and housing construction is showing signs of a restoration. But eight million people are still out of work, and a smaller percentage of people own homes than a decade ago. Is it time to feel good again about the economy or not? Are we in for increased prosperity or bursting bubbles? We get a reality check.

    The full episode

    2 of 3
    Stock Market Soars: Should You Care?
    1. 0:00Iraqi Cities Ripped by Sectarian Violence, Stoked by Syrian War
    2. 8:05The Paradox of Rising Indicators in a Troubled EconomyYou’re reading this
    3. 42:22Yahoo Buys Tumblr for $1.1 billion
    • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

      Warren Olney

      former KCRW broadcaster

    • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

      Anna Scott

      Former KCRW Housing and Homelessness Reporter

    • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

      Evan George

      Director of Content, News

    • KCRW placeholder

      Kerry Cavanaugh

      editorial writer at the Los Angeles Times

    • KCRW placeholder

      Mark Gongloff

      Huffington Post

    • KCRW placeholder

      John DeTore

      MIT Sloan School of Management

    • KCRW placeholder

      Rana Foroohar

      Time magazine

      NewsNationalPolitics

    The full episode

    2 of 3
    Stock Market Soars: Should You Care?
    1. 0:00Iraqi Cities Ripped by Sectarian Violence, Stoked by Syrian War
    2. 8:05The Paradox of Rising Indicators in a Troubled EconomyYou’re reading this
    3. 42:22Yahoo Buys Tumblr for $1.1 billion
    Back to To the Point