October 9, 2003

HEY, WE CAN ALL RETIRE AFTER ALL:

Will ripsnorting rebound continue? (Adam Shell, 10/8/2003, USA TODAY)

After three tough years, Wall Street finally has an anniversary worth celebrating.

A year has passed since the stock market bottomed on Oct. 9, 2002. Since then, the benchmark Standard & Poor's 500 has gained 33%. The Dow Jones industrials are up 2,345 points, or 32%, and the Nasdaq composite has soared 70%.


You hear the Democrats compare the current economy to Herbert Hoover's. If he'd had an economy recovering like this by late '31 he'd have been re-elected.

Posted by Orrin Judd at October 9, 2003 8:33 AM
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