I know it's only one(albeit a huge one) economic indicator, but when I checked the market at 1:44 p.m. today the Dow had climbed to 12,913 . Quite remarkable if you think about it. When the Dow in the wake of the credit crisis dipped to 7300, panic was everywhere. In my opinion , if it had fallen into the 6000's we might have had a replay of 1929!
So with the market climb and the drop in unemployment, there is at least some optimism in the air . The White House must be smiling too. Now let's get us some more jobs...And who knows.
This has been market analyst Steve Goldman reporting .
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