Dow Jones Ind. Avg up anoth 130 pts. to 20,400.

[Ilsa]

I thought Japan's decision not to buy US Treasuries was supposed to initiate a market downturn. I guess the equitjes market likes this?

[spanone]

1. the investment world is giddy that don will destroy all regulations. that's what this is based on

nothing real

[still_one]

2. That unfortunately is all too real, and it will make the bush implosion look like child's play

[taught_me_patience]

3. The economy is in a nice place with growth vs. low inflation

Plus the market knows that any downturn will be met with extreme fiscal stimulus now that a Republican is the White House.

[dawg]

6. But I don't think the market is right about that.

They are too stupid and ideological to respond with an effective fiscal stimulus. Instead, they would respond with some sort of boondoggle or giveaway to the rich, which would be only slightly stimulative, because those people are already spending all the money they need or want to spend.

[dawg]

4. Rich investors are still optimistic.

I think they will eventually have a Wile E. Coyote moment, when they will realize they've been running on air for the last ten yards, but that moment could still be months away.

?itok=ZKbOOouf

[NCTraveler]

5. Obama left us is a much better place than eight years ago.

That hasn't changed.

Right now Don is focused on his more racist and religious concerns. Major corporations can deal with that, even use it to drive sales.