Dow ends at 6-year high (How would you ever know ???)

ABC ^ | Apr 26, 2006 | By Chris Sanders

[Mo1]

Unless Mary leaks this info to them,the MSM will never report it.

Great idea!

[NYC Republican]

Dow is a little less than 400 points away from its all time high. When this threshold is passed, the MSM silence will be deafening.

To be fair, and play devil's advocate, it can be viewed as stagnation over 6 years, in that it dipped and just returned to its high. You would expect about 10% growth each year, on average, and with compounding, you're looking at up 77%... So, even though that's somewhat aggressive, the Dow, by those (admittedly somewhat lofty) standards, the Dow should be at the 18,000 level by now...

I know, I know, that's simplistic as it doesn't account for 911, etc...

[RetiredArmy]

Dudden matter. IT IS ALL, I MEAN ALL, ABOUT GAS AND OIL PRICES WITH 99.99% OF AMERICANS RIGHT NOW. NOTHING ELSE MATTERS. GAS AND OIL PRICES. You cannot drive down the street without seeing all the prices out in front of gas stations going up, up, up, etc. That is all anyone cares about.

[MOgirl]

Hello,

(It's all Bush's fault?)

Glad to be here, MOgirl

[VOATNOW1]

You forgot global warming.

[muir_redwoods]

"Dow ends at 6-year high"

I blame Bush

Sorry, folks, I couldn't resist

[BoBToMatoE]

Clinton-induced recession and 9/11 but you'd never know it from listening to the libs and MSM

---

Oh you will, but it will only happen after a dem is living off of the prosperity which was created by the republican/capitalistic administration put in place before them. Then they will take credit for everything like Clinton did.

[wardaddy]

it's very nice for most investors

but inflationary home prices

high gas

and fairly stagnant wages for lower wage earners

all sorta dim the DOW bulb

I'm happy but some kid starting out at 30K a year may be less so

that the MSM doesn't care is no surprise...a GOP is in office

[BoBToMatoE]

IT IS ALL, I MEAN ALL, ABOUT GAS AND OIL PRICES WITH 99.99% OF AMERICANS RIGHT NOW. NOTHING ELSE MATTERS. GAS AND OIL PRICES

---

this is also true when it comes to elections.. and if not kept in check, the gas prices will torpeedoe the economy. That is a fact.

[mainepatsfan]

This Bud's for us!

[wardaddy]

If Bush can take credit for the DJIA rise then will he have to take credit for it's fall if it occurs?

Clinton presided over a stock boom the likes we've never seen but I never gave him credit ..no way.

I do think POTUS can create a good environment over two terms but a lot of this is out of his hands...largely.

[linda_22003]

If it makes you feel any better, the XOM stock that made me a bundle last week has been slipping back, this week. :)

[RobFromGa]

Worst economy since...Clinton.

[BikerGold]

"Commodities traders and market speculators are driving the price up on open markets. Check the CME and see who is trading (George Soros owns about 15,000 contracts so far....)

You are correct, and this is HUGH and series. Unsure about Soros, but somebody HUGH is pulling some golden strings somewhere...

[cardinal4]

oh crap .. more good news

LOL!

[DrDeb]

Just checked my 401K and other retirement/stock accounts . . . let's just say I have a BIG smile on my face!

[THANK YOU President Bush! . . . Hubby and I are finally getting back to where we were in 1999 BEFORE Clinton/Reno decided to 'take down' Microsoft/the NASDAQ and half our net worth with it!!]

[OldFriend]

I just watched Kudlow. He had Buchanan on and of course, ole Pat trashed the economy, bringing up the deficit, on to illegals.

Off goes the TV. Will wait for Tony to be on with Brit before I put the set on again.

[wallcrawlr]

its the economy stupid

[Warren_Piece]

I'm happy but some kid starting out at 30K a year may be less so

wardaddy,when I entered the workforce, unemployment was around 8%, interest rates were pushing 20%, young men lined up at the military recruiter's office because there were just no jobs for anybody, much less young people, at the time. I would have LOVED today's economy when I was 20.

[xcamel]

Hmm.. 6 minutes apart.. bad lag?