Archive for February 2nd, 2013

GDP down, unemployment claims up, unemployment rate up, Dow heads for record high … say, what?

February 2, 2013

Many folks are wondering: Why has the stock market continued to steam ahead despite a ho-hum (or humbug) economy?

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Source: Council of Economic Advisers

Answer: It’s less a matter of optimism re: a recovery, and more a function of the Fed pouring money into the economy.  You know, quantitative easing — QE-infinity.

Here’s why …

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