The DOW should be 20% lower, but QE, US Gov. and Casino it keeping it stable
Earnings are softer, and at this point CAPEX spending will be on hold well into next quarter, even with a break through. The next 5 years of this recession will see the innovation, competitiveness, and prosperity start moving elsewhere.
The white boys in the hood stole the show, don't you know, since the 1980's, Astronomical bonuses, and Lobby Groups, and regulations, all on off shore accounts, and family dynasties.
The DOW should be 20% lower by now, there is NO deal, there is no growth, and there is no middle class growth, or prosperity, or equality.
Why is the DOW index even holding gains ? i have no idea.