Earnings, healthcare give Wall Street sixth straight gain

Comments (7)
ineeditbad wrote:

Middle Class dropping like Flies…Unemployment has Wiped Out Savings for millions of Americans…5+yrs of Obama…BTW, Where did Biden’s Website go which was Focused on a Strong Middle Class???

Apr 22, 2014 11:03am EDT  --  Report as abuse
Louieloueye wrote:

It’s all those blazing fast Fiber Optic lines hooked up to the same data center as one of the exchanges.

Go! Go! Speed Traders.

Apr 22, 2014 1:09pm EDT  --  Report as abuse
stambo2001 wrote:

Have the Fed stop printing $60-85 Billion a month as a rug to sweep things under and let’s see where the chips fall. Pulling a trillion dollars a year out of thin air is not a recovery.

Apr 22, 2014 1:14pm EDT  --  Report as abuse
2Borknot2B wrote:

Great time to get aggressive on the reverse titration of the bond buying!!! L.

Apr 22, 2014 2:13pm EDT  --  Report as abuse
divinargant wrote:

I see today that Bernanke while out on his propaganda speech making tour (@250k a pop now) is of course still touting how misunderstood the Fed is and how Wall St. was/is not necessarily favored over Main St. via monetary policy. Of course most people know that is not true but now that he is well practiced in the art of deception in repeating that line many times (for those who still buy that line) he can expect and demand a big payday for his remarks on the greatest monetary experiment in human history and how well Main St. has benefited by that policy. It makes me feel all warm and fuzzy inside…or is it that I’m about to hurl….

Apr 22, 2014 4:14pm EDT  --  Report as abuse
TheNewWorld wrote:

@divinargant and @stambo2001

They are not really printing money or giving money to these banks. They just make this money available. I honestly still don’t understand where these mystical funds end up. I would say they are propping up the financial sector and that is somehow keeping wall street going. From the information I can find this information is not being made available for business loans and definitely not for personal loans, it is just going to the banks. One thing is for sure the FED andswers to no one, they don’t feel the need to explain these things to Congress, much less the US population, and I believe they are quite content with not answering to no one. So I will continue to subscribe to the Ron Paul point of view that the FED should be abolished and that it exists only to support the major bankers of the world.

Apr 22, 2014 6:28pm EDT  --  Report as abuse
ChrisHerz wrote:

The best and most trenchant criticism of Obamacare is that it is a direct taxpayer subsidy to the grossly inefficient and corrupt health insurance bureaucracy. This is now reflected in these share prices.
But for some reason the American people will never hear this fact from the corporate media.

Apr 22, 2014 7:09pm EDT  --  Report as abuse
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