The TRUTH of the matter is the Federal Reserve has been PRINTING $45 billion every month in a deliberate attempt to inflate stock market values. Read: "(Federal Reserve) Chairman Ben S. Bernanke is increasingly aiming for gains in stock prices as the Federal Reserve reaches for new tools to spur the three-year recovery and reduce unemployment stuck above 8 percent. Bernanke, setting the stage for a third round of quantitative easing in an Aug. 31 speech in Jackson Hole, Wyoming, said the strategy works in part by boosting the prices of assets such as equities." Source: "Bernanke Seeks Gains for Stocks in Push for Jobs: Economy", Bloomberg.com, Oct 2, 2012. Let's take a look at the ACTUAL economy, shall we? Economic growth for the 4th quarter 2012 was NEGATIVE. Countries all over the world are going BANKRUPT from too much welfare spending and borrowing, which is the same thing Obama and the Democrats are doing in the USA. Then we have the fact that MASS LAYOFFS were at a 3 YEAR HIGH for the fourth quarter 2012, we have NEW TAXES as of January which will reduce investment and job creation, and medical device companies have been LAYING OFF WORKERS BECAUSE OF NEW OBAMACARE TAXES for months. Stryker Medical announced 1,170 job cuts last year and gave this as a reason: "The targeted reductions and other restructuring activities are being initiated to provide efficiencies and realign resources in advance of the new Medical Device Excise Tax scheduled to begin in 2013..." Source: Reuters.com, Nov. 10, 2012. Need even MORE proof? Here you go: Boston Scientific (another "evil" medical device company hammered by new Obamacare taxes) announced 1,000 cuts of good-paying middle-class jobs two weeks ago and this was what was said about the reason: "The savings will be used to pay the 2.3 percent medical device excise tax, or $75 million a year for Boston Scientific, that was implemented for President Barack Obama’s overhaul of the health-care system." Source: "Boston Scientific to Cut 1,000 Jobs in Restructuring", Bloomberg.com, Jan. 29, 2013. Then we have a MASSIVE increase in health insurance costs because of Obamacare mandates like FREE birth control pills, and FREE this and that for women. NON-PROFIT health insurer Blue Shield of California had to INCREASE health insurance premiums 20% this year over last year. Non-profit--do you know what that means? It means you can't say "greedy corporation" because they don't make profits! The economy is getting MUCH WORSE very fast, not better. The Federal Reserve created a BUBBLE in the stock market and in the housing market which WILL CRASH HARD.

Monetary inflation leads to asset price inflation. When the DOW hit it's previous high of

Monetary inflation leads to asset price inflation. When the DOW hit it's previous high on 10/1/07 of 14,087.55 Gold was $745/oz. Today's DOW high of 14,253.77 we have Gold at $1,575. In other words in 2007, 18.9oz Gold bought the DOW. Today 9.04oz Gold buys the DOW. The DOW is going up nominally sure, but the purchasing power of the DOW when compared with Gold (The 5000 Year monetary ruler) the DOW has actually LOST 1/2 of it's value. Another way to say it would be in 2007 $100 USD bought $100 USD worth of goods. Today that same $100 USD only buys $50 worth of goods. We're all getting poorer by the day as the Fed banking cartel continues to inflate.

Stock markets have doubled since the great recession. Shhhh! The Obama haters don't like this kind of news.

Waiting for the Obama supporters to come out and say see we told you so. Yet the Occupy crowd hated the success of big business. Of course liberals like to have it both ways and talk out of both sides of their mouth.

We don't have to say we told you so, the facts are saying I told you so. Neither will make a dent in the opposition (read irrational hatred) to Obama or anything remotely associated with him. Judging from the first comment(s)from the usual deniers, this news is really making heads spin.

I love the I told you so group. Evidently they didn't read the HEADLINE or the article. It rose because of OVER SEAS activities. The stock market is at the bottom of the economic indicator lists. Why, because overseas activity and the printing of money had more to do with the Stock market increase than anything Obama did!!

Did any of you read the article I sourced in the first post in the comments? The Federal Reserve is pumping up stock market values. Read the article for yourself. The Federal Reserve is intentionally driving up stock market values. That is why they have gone up.

J110885. Gas prices have doubled since the great recession too. If only the Fed was giving oil companies $85 billion a month like it is pumping into the market, we could afford gas too.

This is what is known as a bubble. Institutionals are buying and selling to each other, driving up prices until enough little guys get suckered in. The Institutionals then sell everything, the whole thing collapses and the little guy goes bust. Mark my words, this will not end well.