Dow is +$185.00 as I write this. I do not understand how the markets accept these fraudulent numbers.
They’re still getting $85 BILLION/mo in phony paper stimulus money pumped into up their wazoos, while swallowing 203k (not even close to the nat’l break-even job point of 260k/mo) phony jobs; the stock market’s another economic bubble waiting to deflate back down to 7,000 or maybe lower. It’s all an unending smoke-and-mirrors game, and we’re the chumps for letting it happen to us.
The ABC News radio reports are saying, “Better than expected employment numbers are buoying-up the DJIA...”
Just BS. They cut-out millions more of unemployed from the numbers to drop the U3 numbers; the U6 data tell the real story.