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iandhr

(6,852 posts)

6. The Market has been trending upward steadily since he took office.

Tue Mar 5, 2013, 04:52 PM

Mar 2013

This is one reason the NY TIMES gives.
"Chinese government announced that it would step up spending and European data showed that retail sales there have been stronger than expected.

After the bell sounded at the New York Stock Exchange, stocks were pushed up even more after a reading on the service sector in the United States showed that it had risen to its highest level of activity in a year, surprising analysts."

http://www.nytimes.com/2013/03/06/business/daily-stock-market-activity.html?pagewanted=2&hp.

It might be a while before the market feels the effects of the cuts.

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Dow surges to record ... and keeps going [View all] Omaha Steve Mar 2013 OP

The President is one crappy socialist. iandhr Mar 2013 #1

What???? llmart Mar 2013 #3

I heard Ezra Klien roxy1234 Mar 2013 #16

What goes up magic59 Mar 2013 #2

Not the stock market. I started investing when the Dow was marybourg Mar 2013 #7

I guess you will learn the hard way but then thats just sour grapes. magic59 Mar 2013 #9

See #13 below and reflect whether you are in a position to school marybourg Mar 2013 #14

2009? savalez Mar 2013 #11

1982 marybourg Mar 2013 #13

1929 savalez Mar 2013 #17

Couldn't start investing then; wasn't born yet. But marybourg Mar 2013 #18

Since 98% of the Bush tax cuts have been made permanent Leslie Valley Mar 2013 #4

The Market has been trending upward steadily since he took office. iandhr Mar 2013 #6

That hopey changey thing seems to be working Blandocyte Mar 2013 #5

This is Communism, no question about it Kingofalldems Mar 2013 #8

"Shit. Damn it." - Rush 'DraftDodger' Limbaugh (R) Berlum Mar 2013 #10

Such a rapid rise was one predicted outcome of record low fed interest rates. Selatius Mar 2013 #12

Wall Street is AWESOME! Pterodactyl Mar 2013 #15