The Pardu

The Pardu
Watchful eyes and ears feed the brain, thus nourishing the brain cells.

Friday, July 4, 2014

Dow Surges Past 17,000.... And The "Poo-Poo" Birds Sing!

Celebrating the Fourth of July and the 17.000 Dow Jones Industrial average.....

What follows is a testament to Obama Administration Economic policy; plain and simple.

We strive to capture history when records fall or milestones are achieved. Yesterday's Dow Jones Industrial Average surge through the 17,000 mark is as historic an economic capture as we can ever expect. It should be noted the S&P also hit record marks in 2014 and the NASDAQ has seen good performance during the year.

To mark the historic economic event we have embed a CNBC video including a graphic of the Dow July 3rd move through 17,000. Frankly, the CNBC host and guest chatter is a bit annoying.  No matter the "poo-poo" from some in the video, DIJA surpassing 17,000 is one for the history books and an indicator of a strong confidence in the US economy.
YAHOO Finance Fri, Jul 4, 2014, 12:17pm EDT - US Markets are closed
17,068.26 Up 92.02(0.54%) Jul 3
Chart forDow Jones Industrial Average (^DJI)

Dow Jones Industrial Average (^DJI)

Prev Close:16,976.24
Day's Range:16,979.00 -17,074.65
52wk Range:14,719.43 -17,074.70
YAHOO Finance US Markets A Comparison chart over the past five years show consistent and steady market growth. Dow Jones/Nasdaq/S&P Chart forDow Jones Industrial Average (^DJI)

From the Bush Era Market low through last December, US markets have experienced phenomenal growth. Growth since 2009 stands as a monument against the flawed  economic policy of the Republican Party. The nation has fought back from the depths of the Great Bush Recession and one economic "toe" hanging over the abyss of a second great depression, to the impressive growth depicted in the following graphic. The economic fight included unprecedented GOP obstruction and I suspect closeted hope from the Right market performance and unemployment would remain at levels detrimental to the Democratic party and progressive economic policy. 

Job Economic 
Additional Information:

 The Jobs Economic Blog December 2013 (Jobenomics 2014 Economic Forecast). [Good economic data from late 2013 looking forward]

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