Wealth management what is recalculated with inflation expectations falling to 2.7%, which may extend the rally in consumer staples as defensive plays. But even if the act of investing, in Lynch’s view, remains largely unchanged, the Wall Street backdrop has shifted dramatically, and not only in the number of companies available for investment. “The market bottom in ’82 was 777” for the Dow industrials DJIA, he said. “So we’ve had an incredible market since ’82, [and] we’ve had 10 or 12 declines — maybe a few more.” Why State Street's Options Volume Just Sent a Bullish Signal Wealth management what is a risk-adjusted balancing act, especially as Dow Jones Industrial Average remains flat despite strong industrial output data. Market watchers eye cyclical stocks for potential breakout moves into year-end.