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Recovery!

Filed under: Business Blitz

The Dow closed Monday above 10,200 — its highest amount in more than a year!

    Posted: Nov 9, 2009 at 5:37 pm / Email this  »
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    See All 19 Comments

    19 comments to “Recovery!”



    1. 1

      Nice! Now for the health bill to pass the Senate.

    2. ap076 says – reply to this


      2

      Please stick to topics you at least feign to have a little knowledge about. Variations in the Dow is so out of your playing field.



    3. 3

      YEAH IT IS IS BASED ON CASH FOR CLUNKER SALES AND HOUSINGS SALES. THE IMPROVEMENT IN THE ECONOMY IS A FACADE. CHECK OUT UNEMPLOYMENT PEREZ.



    4. 4

      HAHAHA! I totally agree with you 'ap076'!!! Perez (or whichever idiot is writing for him) needs to stick with the mindless topics they're used to writing! You can't say "RECOVERY" with the country at a 10% unemployment rate, YOU IDIOTS!!!

    5. veg-o says – reply to this


      5

      this is great news, who cares if it is not your norm topic?! some people wouldn't even know this if it weren't for you posting other relevant information for the young americans. hopefully this rise will lead to a more important rise, in employment.



    6. 6

      Now you're going to analyze the stock market for us — you can barely handle the celebrity juice lard ass.



    7. 7

      YYYAAAAYYYYY!!!! I'll take something good over nothing good at all.



    8. 8

      Why didn't you mention last weeks unemployment rate is at a 28 year high of 10.8 %!Here in Michigan it's almost 16%= "Hope and Change".
      Besides mario-whats the big deal-your playing the stockmarket?If so i hope it works out better than your "Tour"



    9. 9

      Thanks OBAMA!



    10. 10

      And unemployment is at 10.2% The highest in 26 years! YAY OBAMA!!!

    11. slite says – reply to this


      11

      Its amazing how little you actually understand. This is not a recovery. Let me educate you. GMAC needs another $5.8 Billion, so cash for clunkers did what? Fannie needs another $10 Billion, so credit for first time home owners did what? The stock market is better because we pumped $10 Trillion (yes with the FDIC loans + $787 Billion TARP) into banks which never made loans, but rather used the excess bailouts to buy other banks and create this inflated market.

      Hey rotundo, CHINA is telling us how much debt we are allowed. CHINA! Read a news feed about something before you comment on what you have no clue about. Zimbabwe wouldnt lend money to the UK last month…ZIMBABWE!!! So the UK government is selling its roads and buildings to corporations! That is where we are headed.

      Unless the bailouts continue…and they are…until 2010, when your savior can use the rest of the the $300 Billion in the stimulus to buy the election for morons like Barney Frank, and the unable to blink Nancy Pelosi, this new bubble will burst worse than the one "we were saved from the brink" from.

      Stick to reporting (badly) about celebrities…



    12. 12

      You are really out of your league, of course the way you've been doing gosssip lately, you're really out of your league with that also; but in terms of the economy, what's happening on Wall Street has nothing to do with the real economy, and you posting this post is like carrie jean talking about human rights - a complete joke.



    13. 13

      its only up because the dollar is down, buying power is down, it takes more of something to equal its worth. like a gallon of milk. there are many reasons why its this way right now and not at other times. stimulus also makes the stocks rise, however, it will collapse when the bill comes. gold is at an all time high because of the crappy dollar, it takes more american dollars to buy an ounce of gold now than it did 2 years ago, while it takes less yen now than it did 2 years ago.



    14. 14

      I'm glad to see that so many of you GET IT! There is no recovery! The shit is gonna hit the fan after Christmas. Start stockpiling some food.

    15. LEAH. says – reply to this


      15

      10.2% unemployment. Recovery! Perez, just….just quit.

    16. z1ny says – reply to this


      16

      ok among all the other comments making you look stupid, the DOW isn't an "amount." It's not like a pile of dollar bills.
      It's an index, a level.
      And for people who criticize Obama, he's only been in office TEN FRIGGIN MONTHS, what the hell do you want him to do? He's left to clean up EIGHT YEARS of the deepest pile of shit left by the most destructive administration in history. Give him some time. The problems were there WAY before he got there.



    17. 17

      Yes, and this happened right before the banking crisis last year too.



    18. 18

      Re: z1ny – When DOES it become obama's problem? He's quadroupled the debt in his first 6 months. He had to clean up the last 8 years of the most destructive administration? Bahhahhahhahahha! Did you forget that the dems were in charge of Fannie and Freddie, the reason we fell?

    19. @v@ says – reply to this


      19

      Dead cat bounce. Again. IMHO.