Wall Street Smells a Deal

The Dow is up almost 230 points right now.

Jobs, Jobs, Jobs

Good news on jobs, not just in the April numbers, but also in the revisions to prior months.

165,000 new jobs were created in April, plus March jobs were revised from 88,000 to 138,000, and February jobs were revised from 268,000 to 332,000.

The unemployment rate has dipped to 7.5%, the lowest in four years.

The Dow reacted by hitting 15,000 for the first time.

You Can’t Keep a Good Country Down

On October 9,2007, the Dow Jones closed at 14,164.53.

It hadn’t reached that point again until today.

Much of our economy is based on confidence (or fear), and this is a big confidence booster.

Today marks a new high, a new beginning.

Happy Days Are Here Again!

The Dow closed at 14,009.79, the first time it’s closed over 14,000 since October 12, 2007.

If we don’t get bogged down in the stupid sequester, I think 2013 can be a good year.

As I turn 62 this Monday, I remain eternally bullish on America.

Wall St. Happy on Inaugural Eve

The Dow Jones closed at a five-year high today — 13,649.70

A Perfect Match — Mitt and a Snake Oil Salesman

Josh Marshall at Talking Points Memo reminds us that the economic “expert” Mitt is using to push his “Romney Economic Boom” plan, Kevin Hassett, wrote a best-selling book in the late 1990’s.

That book was Dow 36,000: The New Strategy for Profiting from the Coming Rise in the Stock Market.

You remember when the Dow hit 36,000, don’t you?  Me either.