Dow 20

"I don't buy it at all" exclaims Gluskin Sheff's David Rosenberg in a recent interview with MacroVoices.com, "look all I'll say is that in 2009, 2010 when the Fed embarked on QE, along with 0% interest rates every Tom, Dick and Harry portfolio manager and bond market pundit out there was screaming about the end of the secular bull market in bonds," and they were all wrong.

http://publisher.podtrac.com/player/NzE4NDQ1/NzU1

Submitted by Patrick Ceresna via Macrovoices.com,

The financial magazine which has made an art out of calling for big, round numbers in the Dow Jones Financial Index (as a reminder over 20% of the Dow's surge since the election is due entirely to Goldman Sachs), most recently with its "get ready for Dow 20,000" call from just over a month ago, has done it again:

Submitted by Lance Roberts via RealInvestmentAdvice.com,

Well, it finally happened.

President Trump is anything but traditional.  He frequently says things that his predecessors would never have dared to utter publicly.  But, for the most part, his supporters applaud the candor and straight talk.

That said, one Presidential tradition that Trump may not want to break is celebrating stock market gains because what goes up, at least on Wall Street, usually comes crashing down in spectacular fashion at some point soon thereafter.  Alas, that didn't stop Trump from celebrating #Dow20K over twitter:

Submitted by Michael Snyder via The Economic Collapse blog,

The Dow Jones Industrial Average provides us with some pretty strong evidence that our “stock market boom” has been fueled by debt.  On Wednesday, the Dow crossed the 20,000 mark for the first time ever, and this comes at a time when the U.S. national debt is right on the verge of hitting 20 trillion dollars.