Economic Snapshot: Reasons Behind the Latest Market Rally

Minyanville Staff  Mar 27, 2009 10:30 am

Economic Snapshot: Reasons Behind the Latest Market Rally
 
Our unscientific poll.
 

Cockeyed optimism or improved fundamentals? Cyclical bear market or secular bull market? Across the financial spectrum, everyone’s trying to put this latest upswing in perspective. But here at Minyanville, we know the real reasons behind the latest market rally (and thought you should, too).

Reasons Behind the Latest Market Rally

 
Green arrows are in vogue this season.
 

 

Economic Snapshot
Everyone wants to see Barney Frank back to his old jovial self.
 
Unexpected growth in new home sales and durable-goods orders, healthy technology stocks and record bond sales. That, or unicorns.
 

 

As goes GameStop, so goes America's solvency.
 

 

Portfolio statements go out with smiley faces and i’s dotted with hearts.
 
Night janitor discovered someone had set the Dow’s regulator switch to "Recession."
 

 

Massive job creation by synchronized refurbishment of Congressional buildings, government offices and CEO summer homes.
           
Each morning on the floor of the New York Stock Exchange, "I Will Survive" is piped in over the loudspeaker.
 
20 of 37 (54%) found this helpful
Rate this article:  (37 Votes)
Comments (8) See All Comments »
03-27-2009, 3:01 pm
ye might want to think about a good iron hat not that a tinfoil one isn't nice ...but iron ones might protect a it more when the dung hits the air mover
Read More
03-27-2009, 3:04 pm
Some times a touch of humour is what is needed to avoid the nut-house.
in a world that has a surfeit of bad to worse news and the real potential to get even worse a laugh in a good thing
Read More
03-27-2009, 3:05 pm
INVEST IN AIR MOVERS! (Disclosure: Um, I rent air movers)
Isn't it true that when the dung hits the air mover, we all get a piece of the "pie"?
Read More
03-27-2009, 4:27 pm

Consumer Spending Up for Second Month
posted: 1 HOUR 52 MINUTES AGO
filed under: Financial Crisis
The Commerce Department reports that consumer spending measured in current dollars edged up 0.2 percent in February, following
Read More
03-27-2009, 8:59 pm
I heard Larry Kudlow sacrificed a virgin...
Read More
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