ALL OF YOU ARE BEING DECEIVED!!! Is the stock market truly doing better on its way to economic revival, or is it just showing a correction in relation to the significant drop-off in the DOW as war jitters flared up from January to early April, when the war finally ended? The recent gains of the DOW are nothing more than the DOW REGAINING WHAT IT HAD LOST as war fears started in the earlier part of this year. Compared to last year, the DOW is still around the same level it was at, with no economic recovery in sight......a CORRECTION is not equivalent to an OVERALL POSITIVE NET GAIN. The Bush Administration only wants Americans to focus on how much the DOW has gone up recently. It doesn't want those same Americans to see that the recent gains are nothing more than corrections, corrections that are a result of the war ending----and subsequently, that the DOW is around the number it was at before all of these war talks began.
BTW DCUP.....nice job about the deflation issue. It's either "DEFLAT OR BOOM" for the US economy! If the natural economic cycle doesn't cause an economic boom to occur soon, deflation will occur. Which I think is a good thing, considering how much the price of homes and utilities have sky-rocketed since the late 90's. The NJ/NY area has been hard-hit by skyrocketing home prices ( and PROPERTY TAXES as a result), while states like California have been hard hit by the sharp rise in the price of electricity.