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The Dow's All-Time High: Why the World Partied Like It Was 1999 … Just Before the Collapse

by Editorial Staff
Updated: May 20, 2020

Just before the Dow registered its great peak in February, Disney recorded the best year in box office history, Taylor Swift set a record for simultaneous chart hits and sentiment indicators were abuzz with optimism.

Yet, as Matt Lampert discussed at the time with David Keller of, there were signs that the positive mood trend was reaching its peak and that it was prudent to prepare for a change in trend.

Watch their insightful conversation.

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Why was the world so unprepared for the coronavirus pandemic? Pundits place the blame on leaders, institutions and the unavailability of information. But the May 2020 issue of The Socionomist goes deeper to reveal the true source of society’s complacency. It also illuminates how to use the stock market to identify when further risks to our lives and livelihoods are likely to intensify.

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