The new world economy is gaining momentum. Clubs Congress at Dusseldorf, West Germany in 1972, because people needed an average like the Dow to see world progress, never dreaming that it would play the vital role it is today. My view is that the major world problems have now built up, something will be done about them and investors will muddle through as they always have. Something both new and mammoth beyond imagination is being created before our very eyes. Our great danger is allowing a world political leadership vacuum to occur that will ruin it all.
Investors are the key.
Gorbachev is basically the current practitioner of Andropov's KGB strategy of covert warfare against both world nations and Russia's old style Communist bureaucracy. The Dow Jones Industrials increased 408.74 points from 1895.95 during the March quarter. All three averages gained as shown by the table above. West Germany in Europe, and Japan in Asia, want security and dominance in their areas. Germany is more sophisticated than Japan in trade and aware of going too far with trade conquest.