‘The Big Picture’ blogger and Fusion IQ CEO Barry Ritholtz joins Markets Hub to discuss the impact of the Dow surpassing its 2007 record-highs.

Ritholtz: Thank You, Fed, for Dow Record High

3/5/2013 11:05:11 AM4:03

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The Dow’s march toward record levels has sparked a debate over whether the four-year rally for stocks has been driven more by Ben Bernanke or corporate profits. Steven Russolillo and Fusion IQ’s Barry Ritholtz joins Markets Hub.

What’s Driving the Dow’s Record-Setting Rally?

3/5/2013 11:13:21 AM4:59

Category: Economy, Federal Reserve, Markets, Video

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

2 Responses to “Ritholtz: Whats Driving Dow’s New Intraday Record?”

  1. Greg0658 says:

    don’t wanna be one of those pesty flies .. I wrote this after a whiteboard report by RSantelli this morning

    get this: you want to own the corporation that makes real stuff – but not thru a piece of paper – if there is an end – you show up at the gate flashing whitepaper – they __:
    (list layers of chaos theory)
    cash it at the going mark > laugh at you & say go away > they shoot you when you show up again and put your paper in the courtyard burn barrel

    production is everything > a job producing something real is next

    not sure my angst of these paper chases is getting thru .. and not sure the PPT (remember them) (Plunge Protection Team) is on my side or not :-\

  2. Angryman1 says:

    Bernanke hasn’t done much. That is the myth of “QE”. Unless done on a wide enough scale to offset debt servicing, you are just trying to share the pain a bit, but nothing else. Steve Keen said it was 6-7 trillion 18 months ago and the FED total of “QE” is only a fraction of that.

    The high is the typical recovery from a financial crisis. It is moving away and confidence has improved. There will be corrections and if the sequester takes to big a bite, a big correction.