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Born at the Crest of the Empire

Saturday, November 19, 2005

Bull market bull

How log do you think it'll be until someone spins this as proof of success of the Bush economic policies?

NEW YORK (MarketWatch) - U.S. stocks ended higher Friday, with the S&P 500 Index reaching a 4 1/2 year high in a week of gains fueled by a rally in the technology sector, a drop in crude-oil prices and a decline in long-term interest rates.

The reality is that it has taken four and half years for the stock markets to get back just to where they were.

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