March 16, 2006
Just Don't Call it a Recovery

Instead, start talking about when the Bush administration's policies will end the current recovery:

Upbeat reports from the Federal Reserve and DuPont Co. lifted stocks for a second day Wednesday, pushing the Standard & Poor's 500 past 1,300 for the first time since May 2001.

The industrials, materials and transportation sectors led the market higher, allowing the S&P 500 to finally pop above 1,297, a ceiling the index has not been able to cross since November.

We were putting money back like crazy while the market was tanking in 2001-2002, so we're finally positioned to catch this next wave. Which, of course, doesn't exist. Nope, not here, pay no attention, who said reality should ever intrude on politics?

After all, it doesn't count unless the right people make it happen.

Posted by scott at March 16, 2006 11:32 AM

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