Friday, January 25, 2013

Weird’s Deep Thoughts: (Friday Morning Transformative Insight Edition) Dow Nears Record, But Is It Just Another Bubble?




Both the S&P 500 and the Dow are nearing all-time highs. While getting to this point seemed unimaginable not long ago, the Dow industrials are nearing an all-time high after a tumultuous recent past and a decidedly uncertain future.

A Dow Jones Industrial Average trading over 14,000 seems like a quaint relic that hearkens back to the days before subprime, before the near-collapse of Wall Street, before the economy depended on Federal Reserve printing presses to stay afloat.

Looking ahead, the market confronts a set of circumstances with cross purposes: It needs the Fed to keep pushing stimulus but eventually must break free from that support if the gains are going to be sustained…..

Find the answers at http://www.cnbc.com/id/100405576

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