July 19, 2007

SURE, WE LIBERATED THE SHI'A, BUT WHAT DID THE REST OF US GET?:

Stocks Close Above 14,000 For First Time (CBS News, 7/19/07)

Wall Street moved soundly higher Thursday, sending the Dow Jones industrials to their first close above 14,000 as investors kept jitters about the economy at bay and focused on a string of upbeat earnings reports. [...]

The catalyst? A global boom that's sending stock prices soaring for multinationals like the airplane manufacturer Boeing (+15 percent), Caterpillar (+41 percent), which makes farming equipment, and the technology company Honeywell (+35 percent), adds Mason.


Academicians seldom sound more detached from reality than when they opine that George W. Bush's will be considered a failed presidency.

Posted by Orrin Judd at July 19, 2007 5:55 PM
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