What does Dow advance mean for you?

Despite the Dow reaching 10,000 for the first time in a year, experts don't expect the milestone to reverberate across the larger economy."What we're seeing

MORRIS PARK - Despite the Dow reaching 10,000 for the first time in a year, experts don't expect the milestone to reverberate across the larger economy.

"What we're seeing now is the emergence of two economies," says John Asimakopoulos, professor of sociology at Bronx Community College. "One is the financial sector, which is showing signs of life, and the other is everyday people, and that's not really changing for the better."

Experts say the medical field is one of the few sectors that has remained strong during the recession.

advertisement | advertise on News 12

Trending Video

1 Bronx Sportscast, Jan. 23
Jenny Gutierrez, Hector Quezada and Joel Hernandez were 2 Suspects in fatal restaurant beating appear in court
The rainfall in Stratford has yet to cause 3 Rain, wind not causing trouble on roads in Fairfield
Neighborhood Brief for Jan. 22 4 Neighborhood Brief for Jan. 22
Gov. Chris Christie discusses Bridge-Gate, pension problems on 5 Ask the Gov.-Part 2: Tenant Issues, Education, Gambling

advertisement | advertise on News 12

Features

Sorry to interrupt...

Your first 5 are free

Access to News12 is free for Optimum, Comcast®, Time Warner® and Service Electric℠ video customers.

Please enjoy 5 complimentary views to articles, photos, and videos during the next 30 days.

LOGIN SUBSCRIBE