Dow Industrials Tops 12,000 on Housing Data, Corporate Tax Breaks

my job is still on hold...hooray for the investors?

good news for the over all, but doesn't really help me any. as i have no money to invest

I agree Ryan. However, I suppose if the investors end up feeling more confident eventually that will translate into companies hiring more people. That's the hope I guess.

Also, maybe the housing news will be good for home owners?

i know it is good news for the long run, and i am glad for that, but right now...i have to worry about now.

still, it is good to hear

The surge of the of the market is largely traceable to the cold fact that the Administration's opportunity to inflict more direct harm has been sharply limited with the election of a Repub House.

The fundamentals are still not there though so the recent rise is not supported by solid achievements in the economy. Inflation is gaining ground with a weakening dollar, commodities are rising in conjunction with that, our import costs are increasing likewise, government debt is out of control with a huge fight beginning over weak Repub attempts to cut the rate of increase somewhat, housing is weak with the mortgage monopoly of Fannie Me/Mac unbroken or even addressed, ObamaCare effects such as finance reports burdens predicted to drive more of the economy BACK to untraceable cash looming (and the concurrent revenue loss to government), political instability of several large nations, and lastly the possibility of the dollar being dropped as the instrument of choice by the world-all point to more problems for a weak US economy.

Things to watch regardless of US government pronouncements of recovery are simple; gold prices reflect world/US consumer confidence, real inflation versus government numbers, and if anything is accomplished in trimming the US deficit.

The wealth hasn't trickled down to me yet. I'll be ready to believe it when I see it.

How great it is, Wall Street gets richer while Main Street gets poorer and all Republicans, speaking with pride, can talk about is how they are now incharge of the House of Representatives.

Whoopie, isn't it all just great, really something to be proud of, isn't it !!!

I, for one, can not understand why the Republicans are so quick to take responsibility for the success of Wall Streeters and the slow demise of Main Streeters. Personally, I just can't find any joy whatsoever in the present situation our country is in with it's jobless citizens, homeless people and desperate families.

How the Republicans can find any pride in our country's situation completely escapes me. But, Whoopie isn't it just grand !!!

Repubs are proud of the fact they now in charge of the House? So what? How is that controversial to you? After the last 4 years of Dem control there we need such a change.

Our present situation, economically and otherwise is the fruit of decades of bi-partisan stupidity. Our best (likely only) bet for any curtailment of that is the divided government we now have again. Mutually hostile parties keep the other at least less criminally insane. Both parties have proved repeatedly that single party government fails miserably.