OMENS OF OBAMA'S ECONOMIC WATERLOO: BOOMING DOW MEANS BUST FOR OBAMA

Keep it up. A good read and informative.

Apollo, you cite another apt comparison. The DOW is a leading indicator and jobs are a lagging indicator of a recovery. To make the assumption that there is a recovery occurring may be false.

Consumer America is in retreat and not consuming. Profits aren't driving the bull market which is why it's unsustainabale and doomed to go bust. The coming collapse I believe will be to September 15th what the crash of 1937 was to Black Tuesday of 1929. It will mark Obama's economic Waterloo.

I been telling people it looks to me like the failure one is taking us down the depression road for several weeks, most kinda look at me like they think I'm nuts.
I guess only time will tell but unless we rid ourselves of the National emergency called the totus quickly, it looks like down is the only way to go.

WHEN... will the American public get wise to what's going on in WALL STREET.
When obama and his MARXIST democrat's need a lift in the stock market to TRY and show their policies are working, the MILLIONAIRE democrat's BUY a bunch of stock to raise the DOW AVERAGE then when their point is made they sell off.

AND THEY KEEP REPEATING IT OVER AND OVER AGAIN.

POLITICS AS USUAL ...... don't you know ?

You're excatly right. Why are banking stocks so high? Among other things mentioned in my piece the bankrupt banks used TARP money to buy their own stocks.