That is correct, and the reason for it is there is no other place to put your money at this point...
That and it’s not worth what it was
Hopefully there tea party relatives won’t bring up:
1. An increase in the DOW is only good for 1%ers. Like Warren Buffet, the Solyndra guys and all the other elitist cronies who benefit from your tax money.
2. The change in employment rate is due entirely to people leaving the workforce and the number of American with a job is at a historic low. Measured by the same standard as it was during the great depression, unemployment now, is worse.
3. 3.5% increase in GDP is pathetic for 6 years after a recession. This recovery has been the worst, by far, since WWII.
4. It’s easy to decrease the deficit with the highest corporate tax rate in the world.
5. That consumer confidence level is such nonsense it doesn’t rise to the level of a proper lie.
Odd, how they hate Wall Street and all it stands for, but unhesitatingly and proudly point to the DJ Averages as a symbol off their(?) success(??)........................