Dow Closes At An All-Time High

[The Straight Story]

A gain of 45 points Wednesday left the Dow at 16,580, four points above the record high it set on Dec. 31.

The Dow hadn't been in the black for 2014 until today.

The Standard & Poor's 500 index increased five points, or 0.3 percent, to 1,883. The index is seven points below the record high set April 2.

The Nasdaq composite rose 11 points, or 0.3 percent, to 4,114.

http://www.10tv.com/content/stories/2014/04/30/us-dow-closes-at-alltime-high.html

[FSogol]

1. Damn, Obama is the worst Socialist ever!

[The Straight Story]

2. It's all that Kenyan Economics I tell ya, I dun studied that in school

Right along with atlas shrugged by Paul Rand, the bible, and other theories or eekernomics.

[NightWatcher]

3. You winz teh Internets.

It works on two levels:
Kenyan and Keynesian economics

All right boys, we can shut down the internet now.

[upaloopa]

4. This does not translate to jobs or a recovery

for the middle class. It means those with money to invest got wealthier.
401Ks may grow but if you have nothing in the market your standard of living will not improve.

[Nye Bevan]

6. Granted, it is not a perfect correlation.

But I guarantee you that the Dow being at an all-time high is generally better news for everyone (even the lowest paid workers) than if the Dow fell to a 10-year low.

[DCBob]

8. There are two economies in this country.. the corporate and the household.

These used to be more interconnected but in recent decades they are becoming more and more separate. For sure its not a good situation and clearly something needs to be done to bring them back together.

[L0oniX]

5. YAwn ....the rich getting richer.

[Shoulders of Giants]

7. In other news, I'm still 2 weeks away from being unemployed.