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Again! The S&P 500 Hits An All-Time High
Bus ^ | 05/27 | MYLES UDLAND

Posted on 05/27/2014 7:09:52 AM PDT by SeekAndFind

The markets are higher following the three-day Memorial Day holiday weekend.

The S&P 500 hit an all-time intraday high of 1,908.77.

Earlier this morning, the Case-Shiller home price index posted a month-over-month increase in March that was larger than expected. U.S. durable goods orders also unexpectedly climbed.

(Excerpt) Read more at businessinsider.com ...


TOPICS: Business/Economy; Culture/Society; News/Current Events
KEYWORDS: sp500; stockmarket

1 posted on 05/27/2014 7:09:52 AM PDT by SeekAndFind
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To: SeekAndFind

Unexpectedly!


2 posted on 05/27/2014 7:11:04 AM PDT by babble-on
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To: SeekAndFind

So, the Fed pumps $85B/month for 4 years into MBSs and T-bills, then drops to $75/month and continues with no end in sight. Why wouldn’t the stock market love it?

It’s somebody else’s money and the SE gets to make $$ off your children and grand children’s futures. What’s not to like about that?


3 posted on 05/27/2014 7:12:35 AM PDT by Gaffer
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To: SeekAndFind

When this thing implodes, it will change the course of human history.


4 posted on 05/27/2014 7:14:05 AM PDT by Ghost of SVR4 (So many are so hopelessly dependent on the government that they will fight to protect it.)
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To: Gaffer

I would feel more comfortable if the rise in the stock market is really fueled by company profits and not Fed manipulation.


5 posted on 05/27/2014 7:14:47 AM PDT by SeekAndFind
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To: SeekAndFind
Eggs have also hit an all-time high.

And so has beef, pork, bread, corn, . . .

And this is what caused it:


6 posted on 05/27/2014 7:17:25 AM PDT by Hoodat (Democrats - Opposing Equal Protection since 1828)
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To: SeekAndFind

Balloons can get awfully full of air.


7 posted on 05/27/2014 7:22:29 AM PDT by fwdude ( You cannot compromise with that which you must defeat.)
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To: SeekAndFind

All time high in terms of real inflation adjusted dollars?


8 posted on 05/27/2014 7:23:40 AM PDT by null and void (Disarm Hollywood! No Guns for Box Office!)
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To: SeekAndFind

What is it when adjusted for inflation?


9 posted on 05/27/2014 8:11:53 AM PDT by I want the USA back (Media: completely irresponsible. Complicit in the destruction of this country.)
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To: SeekAndFind
I don't like quantitative easing (money printing and artificially low interest rates), but I'm certainly not going to bet against the Fed. For now, at least, they seem to want to pump up the stock market, so I go along for the ride. As stocks climb a wall of worry, I worry, too -- but I remain fully invested, about 50% U.S. equities, 30% Asian equities, 20% "other" (corporate bonds, precious metal ETFs, limited partnerships, REITs).

Yes, we'll have a "correction," maybe a sharp one. But I'm not smart enough to know when. And if it happens this summer, we might have a strong bounce-back if Republicans look poised to take the Senate.

I have become cautious enough to get off margin, and to move my equity holdings into more defensive positions (big, dull, boring multinationals). But I'm still "all in." It has worked well recently.

10 posted on 05/27/2014 8:22:38 AM PDT by southernnorthcarolina ("The power to tax is the power to destroy." -- Chief Justice John Marshall, 1819)
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To: SeekAndFind

Soon to crash?


11 posted on 05/27/2014 8:35:08 AM PDT by Salvation ("With God all things are possible." Matthew 19:26)
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To: Salvation

Capital equipment purchases for manufacturing is off 80%. The worst we have seen since 2008.


12 posted on 05/27/2014 9:06:43 AM PDT by cp124 (Government is value subtracted.)
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