Post: DOW Jones Industrial Average Rises to 13,000
02-23-2012, 04:05 AM #1
El Violador
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(adsbygoogle = window.adsbygoogle || []).push({}); For the first time since 2008, the Dow Jones Average has surpassed 13,000. Which is not far short of the record high which was 14,164 in October of 2007. Does this mean the economy is finally getting back on its feet? Housing prices and good stock growth would agree that America is finally coming back to where we used to be. With unemployment rates falling and more small businesses starting, 2012 could be a great year for the American economy.

What are your thoughts? Do you think the economy is finally beginning to grow again or is it just short term luck?
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02-23-2012, 04:07 AM #2
TrytoYOLO
We all <3 Amanda
I really hope it does, I don't want to move to another country to survive.
02-23-2012, 04:07 AM #3
KFC
KFC is the best
Our economy is still bad :megusta:
02-23-2012, 04:14 AM #4
El Violador
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Originally posted by I
Our economy is still bad :megusta:


I agree, it's not great yet. But this shows that it's getting somewhere. It hasn't been this high in years, and this isn't that far off from the record high. It also shows huge improvement from the 7449 we saw in '08.
02-23-2012, 04:18 AM #5
KFC
KFC is the best
Yeah, i know. But as you're seeing right now, $4 gas prices in California, Food Price Increase. I think this has to do with the Presidential Campaign but I'm not sure.
02-23-2012, 04:20 AM #6
VHS
Has been a while
Time to catch up on my wall street journal papers -__-
02-23-2012, 09:48 PM #7
El Violador
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Originally posted by I
Yeah, i know. But as you're seeing right now, $4 gas prices in California, Food Price Increase. I think this has to do with the Presidential Campaign but I'm not sure.


A lot has to do with campaigns, but also the continuous toil in the Middle East and just regular inflation.
02-23-2012, 11:45 PM #8
KFC
KFC is the best
Yeah. I mean I don't understand why they raise prices during Presidential Campaigns.
02-25-2012, 01:55 AM #9
ResistTheSun
In Flames Much?
Originally posted by Conium View Post
For the first time since 2008, the Dow Jones Average has surpassed 13,000. Which is not far short of the record high which was 14,164 in October of 2007. Does this mean the economy is finally getting back on its feet? Housing prices and good stock growth would agree that America is finally coming back to where we used to be. With unemployment rates falling and more small businesses starting, 2012 could be a great year for the American economy.

What are your thoughts? Do you think the economy is finally beginning to grow again or is it just short term luck?


No it means the stock market is stupid and we heading towards a bigger crash. Numbers are pretty bad and just the economy keeping stable but in a weak state.
The core problems at the heart of the US economy are not being dealt with. The core problems within the eurozone still carry on, worry within the market that china is next on top.

Shame the markets have not got it not a debt crisis but a bank crisis.
02-25-2012, 04:03 AM #10
LTBadBoy
Camel Toe
Originally posted by hugo9213 View Post
I really hope it does, I don't want to move to another country to survive.


Lol, you think you have it bad. Try living in Greece and the you'll realise how much better off you are in America.

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