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Big bull market fuels wealth and confidence across America
A year of rising stock prices lifted the Dow Jones by 471 points, a 60 percent gain, boosting personal wealth by billions and spurring new offerings. Despite a recent slip, overall market strength signals economic health and optimism for future philanthropy, with endowments like the Twentieth Century Fund gaining about 55 percent between 1982 and 1983.
MENTIONED IN THIS ARTICLE
M.J. Rossant
Twentieth Century Fund
Rossant
Wall Street
Main Street
America
Washington
New York Stock Exchange
William Freund
The
Exchange