Thursday, March 28, 2013

Yeah But.....

They may be smashing records? But where are the jobs? And what about inflation? What about the price of food and gasoline? What about the stagnant economic growth rate of 0.4%?   Smoke and mirrors people. The big crash is right around the corner.

Record-Smashing Quarter: S&P 500 Ends Above 2007’s Record Close, Dow Posts Best Q1 Since 1998

Published: Thursday, 28 Mar 2013 | 5:28 PM ET
By: Writer






Stocks closed out the first quarter on a high note with the S&P 500 piercing through levels last seen in 2007 to end at a record high near 1,570 and the Dow logging its strongest quarter in 15 years.
(Read More: After April Showers, Market Could Spring Higher by Year End)

The S&P finally surpassed its closing high level of 1,565.15 shortly after the market open after flirting with the milestone for weeks, recovering all its losses from the financial crisis. The next milestone for the index is its all-time intraday high of 1,576.09, set on October 11, 2007.

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