I guess so, Obama is feeding the pig while the debt rises.Fourth week of gains for stocks
Optimism grows among consumers
All three indexes have gained around 16% so far this year on a combination of improving economic data and continued support from the Fed.(cont.)
NEW YORK (CNNMoney)
The stock market continued its march higher for a fourth week as investors focused on signs of improvement in the U.S. economy.
The Dow Jones industrial average, S&P 500 and Nasdaq all ended higher Friday, with the Dow and S&P 500 finishing at record levels. For the week, the S&P 500 added 2%, the Dow rose 1.5% and the Nasdaq advanced 1.7%.
Friday's gains came after a measure of consumer sentiment rose to its highest level in nearly six years. Separately, a report on leading economic indicators bounced back in April.(link from page 1.)
What goes up must come down and when the market crashes we will remember your words of wisdom.