Jobs drive Dow, S&P 500 to records in short session. Dow Breaks 17,000.

Reuters via Yahoo Finance ^ | 07/03/2014 | By Ryan Vlastelica

[St_Thomas_Aquinas]

Record number of Americans, 92 million, not working.

Despite the non-stop media cheerleading, Americans consider Obama to be the worst president since WWII. They believe what they see --not the media.

[Nero Germanicus]

What relationship between the core CPI and the Dow-Jones Industrial Average are you trying to draw?

[MinuteGal]

Rush went over these phony figures today with a fine tooth comb. He stressed over and over how ObamaCare is causing employers to put employees into part-time because they can't afford the ACA. Also, to not hire full-timers any more at all.

So part-time-job figures with no benefits go up, and full-time-job figures go down. And the low information folks believe these rosy figures are the cat's pajamas.

And liars are figuring and figures are lies.

Leni

[SamAdams76]

I’ll be standing. You can count on that!

[roadcat]

Anyway, I guess I'm glad I never panicked and bailed out of the stock market because my holdings are valued higher than ever and if I really wanted to, I could cash out now and retire rather comfortably.

Wise words. I didn't know what to do hearing words of an imminent crash the last couple times. I left my money in the stock market, took a beating losing about a third of my money. But it recovered, the rebound made back my money and more. I did better by not panicking. I did retire but haven't cashed out, even if I take another beating I'll still have a nice nest egg. I know people who cashed out and missed the rebound and they're struggling in retirement. Difficult choices are being made, some unwise.