You want the good news first - or the bad news first?

Bring on strike three for WI public unions this year!! Maybe the state will finally go back red again and Obama will go back to organizing corrupt communities! WOOOOHOOOO!

Keep doing whatcha doing! rofllol :rofl

The Liberals GOP Twin wrote: The bad news...

DJI‎ - Dow Jones Industrial Average (Dow Jones Indices)‎

12039.06 -79.51‎ (-0.66%‎)

Jun 4 1:31pm ET

Open: 12119.85
High: 12143.69
Low: 12035.09

Volume: 49,895,643
Avg Vol: N/A
Mkt Cap: N/A

Bush again.

The good news:

Market milestone: Stocks return to late 2007 level

The last time the stock market was this high, the Great Recession had just started, and stocks were pointed toward a headlong descent.

But on Thursday, the Dow Jones industrial average hit its highest mark since December 2007, and the Standard & Poor's 500 index soared to its highest level since January 2008 in a rally that marked a milestone: American stocks have come almost all the way back.

A long-anticipated plan to support struggling countries in the European Union provided the necessary jolt, and the gains were extraordinarily broad. All but 13 stocks in the S&P index were up. European markets surged, too.

"There's just a sea of green," said JJ Kinahan, TD Ameritrade's chief derivatives strategist. "It's pretty fun."

So could the rally help President Obama? A number of recent studies have connected a rising stock market to improved odds of re-election for the incumbent president. Since 1900, when the S&P 500 has posted gains from July to October in an election year, voters returned the sitting president to the White House 80 percent of the time, according to a study by S&P Capital IQ.

http://www.boston.com/business/markets/ ... ing_gains/

How's everyone's portfolios looking? :thumbsup:

Stocks soar to highest level in over four years on Europe bond plan

Updated at 4:20 p.m. ET: The stock market leaped to its highest level in more than four years Thursday as investors lauded a new bond-buying program in Europe aimed at containing the region's debt crisis.

Signs of improvement in the U.S. labor market also boosted stocks.

The rally was broad, with the Dow Jones industrial average soaring 245 points to its highest level since December 2007. The broader S&P 500-stock index jumped to its highest level in four and a half years, while the tech-heavy Nasdaq composite hit a 12-year high.

Nasdaq Reaches Highest Level Since 2000 On Major ECB Decision
Reuters

U.S. companies added staff in August at the fastest clip in five months, according to the better-than-expected ADP report, while a gauge of employment in the service sector also improved more than had been anticipated. Another report showed new claims for jobless benefits fell last week to the lowest level in a month.

Even with Thursday's encouraging numbers, economists think the payroll report will show only modest hiring of 125,000 jobs and the unemployment rate holding steady at 8.3 percent. Investors will scrutinize the details for clues as to when the Federal Reserve may provide more stimulus to prop up economic growth.

"ADP doesn't correlate perfectly with payrolls, but people are feeling better about the jobs market these days," Young said. "There was confidence we would see jobs in the mid-100's even before this."

The Dow Jones industrial average was up 217.11 points, or 1.66 percent, at 13,264.59. The Standard & Poor's 500 Index was up 26.43 points, or 1.88 percent, at 1,429.87-- its highest level since May 2008 as the financial crisis began to gather pace. The Nasdaq Composite Index was up 62.52 points, or 2.04 percent, at 3,131.78 -- its highest level in 12 years.

http://www.huffingtonpost.com/2012/09/0 ... 62256.html

What was the bad news?... I forgot.... rofllol

So you guys reallly think the stock market is reflecting the actual value of these companies? Don't pay attention to the debt, the dollar, or any other economic factors. The stock market is THE ONLY thing the dems can cling to as some sort of recovery.

No, just responding to the OP who posted when it was down that it was bad news. Somehow when it goes back up and rebounds, it never gets mentioned.

It's more about Europe than a U.S. recovery, the article I posted explains.