Dow hits record, erasing Great Recession losses

By BERNARD CONDON

Business Mar. 06, 2013 - 06:06AM JST ( 15 )

The requested article has expired, and is no longer available. Any related articles, and user comments are shown below.

Order by Time Order by Popularity

15 Comments

1

jeff198527Mar. 06, 2013 - 10:12AM JST

Yeah, and almost half the US population is on welfare.
2

BuzzBMar. 06, 2013 - 11:38AM JST

It is artificial and cannot last. The FED Reserve has been giving away money to investers to keep things looking rosy. This money is simply printed. Companies are not going to use their own reserves when they know unemployment is at 14% and half the population is on welfare. This is a smokescreen. Beware what the near future holds. Politicians at work.
1

WakarimasenMar. 06, 2013 - 12:22PM JST

How quickly the mob forgets the "Greenspan put" and the damage it did to the world economy. Nothing has changed but markets at record levels. Sad part is I am short and hurting.
0

IwandabakaMar. 06, 2013 - 02:43PM JST

Time to get out now!
0

lostrune2Mar. 06, 2013 - 03:20PM JST

We'll see. The stock market tends to precede Main Street. When the stock market crashed, it took a while to ripple down to Main Street. Same when the stock market goes up, it'd take awhile to ripple down to Main Street.
0

bruinfanMar. 06, 2013 - 04:01PM JST

“It signals that things are getting back to normal." Maybe for the 1%. Anyway, it will be interesting to see how his plays out, since the Fed is the biggest influence on the US stock markets these days.
0

PeaceWarriorMar. 06, 2013 - 04:07PM JST

"Normal" ain't what it used to be!
-1

SuperLibMar. 06, 2013 - 04:39PM JST

Thanks, Obama.
0

Surf O'HolicMar. 06, 2013 - 06:30PM JST

Just getting ready for the slaughter, fattening the calves. Suckers.
1

jeff198527Mar. 06, 2013 - 11:33PM JST

Honestly, this article is nothing but American propaganda. Only someone who is completely gullible would believe what it says.
1

NessieMar. 06, 2013 - 11:43PM JST

almost half the US population is on welfare

How do you figure, Jeff?
0

kurisupisuMar. 07, 2013 - 02:24AM JST

The US has so much debt that it can never be paid off. Interest on the debt makes sure that it just keeps growing too.
0

jeff198527Mar. 07, 2013 - 03:01AM JST

Because the only jobs left in America are minimum-wage service jobs. The US government puts out bs statistics and some sources I've read put the number as high as three-quarters of the US population if you include defense contracts, farm subsidies, government employees, and the fact that the drop-in-the-bucket sequestration is causing the Federal government to panic.
-2

VerisimilitudeMar. 08, 2013 - 12:46AM JST

raising stock prices, isnt a cure for any economy. Including this country. The basis of a stable, sustainable economy, is the fostering of a egalitarian state. There are no quick fixes for any economic crisis, except, to lower interest rates, therein to increase the financial capital portfolio, cut taxes to increase spending, and then.... create a brand new bubble, and yes ladies and gentleman, this is exactly the same policy used world wide, since the US left the gold standard. The only way the global economy, let alone the economy of this country is going to increase in real value terms,.. is another industrial revolution.. i.e. green technology.. etc.