The last time the DOW was this high....

[Fury]

GDP Growth: Then +2.5%; Now +1.6%
Regular Gas Price: Then $2.75; Now $3.73
Americans Unemployed (in Labor Force): Then 6.7 million; Now 13.2 million
Americans On Food Stamps: Then 26.9 million; Now 47.69 million
Size of Fed's Balance Sheet: Then $0.89 trillion; Now $3.01 trillion
US Debt as a Percentage of GDP: Then ~38%; Now 74.2%
US Deficit (LTM): Then $97 billion; Now $975.6 billion
Total US Debt Oustanding: Then $9.008 trillion; Now $16.43 trillion



Everything's fixed! 

[333386]

The Fed is pumping in what 45 billion a month - had to go somewhere 

[chadstallion]

I sent a 'thank you' note to my financial planner.
and will start to spend some of the excellent returns he has made for me.
[and on the way to not having to pay any taxes {federal } this year]
same as last year. Maybe I should be a GOP member??

[GigantorX]

The Fed is pumping in what 45 billion a month - had to go somewhere 

This.

The market has no real connection to the greater economy anymore. That isn't to say you can't make money but don't think that because the DOW is at 14k that the overall economy is also running at full steam.

The Fed/Govt's aim was to juice the market, create a wealth effect and another asset bubble. They succeeded. At catastrophic cost to most of the population and economy, but they juiced the market.

[Agnostic007]

There is no reason for the stock market to be where it is at.. but nevertheless, it is... I rode it up to this far but I am pulling out in the morning..No concrete reason other than I can afford to sit in a fixed account and wait it out until it adjusts.. it's been a hell of a run