Posted on 04/05/2011 2:04:30 PM PDT by blam
The $29 Trillion Recovery
by: Calafia Beach Pundit
April 05, 2011
Since the low of early March 2009, the capitalization of global equity markets has more than doubled, rising by $29 trillion. Valuations now are only $7 trillion shy of their late 2007 high. It would be an understatement to say that "fortunes" have been won, lost, and won again in the past several years; the magnitude of the collapse and the rebound have been more than anyone could have imagined.
It is a testament to the resilience of markets, risk-takers, and workers that the global market economy has not collapsed under the weight of the fiscal and monetary policy errors that contributed to this extraordinary volatility. There are still plenty of problems left to deal with, but the recovery to date inspires hope that the problems can be overcome with time.
(Excerpt) Read more at seekingalpha.com ...
It coincides with the Decovery of the Obama/Bush/Clinton/Bush NWO Globalist disaster.
This might mean a little more if it were adjusted for an honest inflation index.
Yup,
pump trillions into the economy and the DOW.
Take the funny money away and let`s see reality.
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