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To: Uncle Miltie
What fundamental change has stocks moving higher?

In a word? Continued pessimism. The oldest, truest maxim of Wall St. is: "The market climbs a wall of worry". Which is why it took in February 2009 and never looked back.

8 posted on 03/04/2013 1:59:42 PM PST by montag813
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To: montag813

Truest and oldest maxims.

As GM goes, so does the economy.

As Apple goes, so does the economy.

And the next new normal, as the FED goes, so does the economy.


11 posted on 03/04/2013 2:40:27 PM PST by Zeneta (No eternal reward will forgive us now for wasting the dawn.)
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