SEARCH BLOG: ECONOMY
U.S. Stocks Rally Most Since 1930s on Bank Plan; Dow Gains 936Before you get too excited, just remember that the Dow only needs another 4,800 points to get back to last October's levels.
Nothing has fundamentally changed yet. We have an election in three weeks that could have profound impact on the direction of the Dow for many years to come.
If you have some extra cash burning a hole in your pocket, you may be able to gain a few dollars betting that the market will go up some more. I might be inclined to let my equities try to recover, but hold on to the cash just in case something else blows up. Of course, after getting hit with an oil bubble, a housing bust, and a credit crisis, we might think the worst has already hit us. We might think that....