Thanks; odd that these stories are still trumpeted as anything positive when anyone with eyes can see the deterioration around them. Here in NJ they’ve announced layoffs by pharmaceutical companies (which undoubtedly pushed the Dow higher); what the Hell are people “celebrating”? An increasing number of the shareholders themselves aren’t even American...
At Florence, South Carolina H.J. Heinz has announced plans to close the plant which opened in August 2011. That must be some kind of record, little more than two years from opening to the announcement of closing plans. The real economy is in terrible shape, the Dow means nothing.