The Stock Market isn't THE indicator of a strong economy, employment is. There are currently 15 million on unemployment and 25 million out of the workforce, that's nearly 40 million Americans out of work. You being a liberal a**hole can't get that through your flinty head.Another financial failure who doesn't understand the American Economy.
"Wall Street Week Ahead: Bears hibernate as stocks near record highs"
""Stocks have been on a tear in January, moving major indexes within striking distance of all-time highs. The bearish case is a difficult one to make right now.
Earnings have exceeded expectations, the housing and labor markets have strengthened, lawmakers in Washington no longer seem to be the roadblock that they were for most of 2012, and money has returned to stock funds again.
The Standard & Poor's 500 Index (^GSPC) has gained 5.4 percent this year and closed above 1,500 - climbing to the spot where Wall Street strategists expected it to be by mid-year. The Dow Jones industrial average (^DJI) is 2.2 percent away from all-time highs reached in October 2007. The Dow ended Friday's session at 13,895.98, its highest close since October 31, 2007.
The S&P has risen for four straight weeks and eight consecutive sessions, the longest streak of days since 2004. On Friday, the benchmark S&P 500 ended at 1,502.96 - its first close above 1,500 in more than five years.
"Once we break above a resistance level at 1,510, we dramatically increase the probability that we break the highs of 2007," said Walter Zimmermann, technical analyst at United-ICAP, in Jersey City, New Jersey. "That may be the start of a rise that could take equities near 1,800 within the next few years.""
Other than your ignorant opinions, do you have any actual data that would indicate the country is on the skids??
Everything you listed is on the official "Stupid List" the Republiclowns are attempting to distance themselves from.
You, being a dumb Teabagger, haven't gotten th ee-mail yet!!
I am a financial success. I actually ran company's, MY company's, most of them successfully, for 30 years. Once you can claim anything similar, come talk to me, until then, fcuk off. You're just another liberal drone regurgitating what you've been fed without the least bit of experience.