Wednesday, April 10, 2013

The Dow and stuff...


Now I do not want to get all political on everyone and if you hate it I will write something odd or poetic or whatever next time, but have you read the news? If not, here’s one clip:

“NEW YORK (Reuters) - Stocks climbed 1 percent on Wednesday, with both the Dow and S&P 500 ending at historic highs as cyclical shares led the way higher for a second straight day.

The S&P 500 finally joined the new all-time intraday high club, surging past a record set on October 11, 2007. The index has struggled to breach the level of 1,576.09 for the past several weeks, but broke above it on Wednesday to rise as high as 1,589.07. The Dow also hit another intraday milestone, rising as high as 14,826.66.

The Dow Jones industrial average jumped 128.78 points, or 0.88 percent, to 14,802.24 at the close. The Standard & Poor's 500 Index climbed 19.12 points, or 1.22 percent, to 1,587.73. The Nasdaq Composite Index shot up 59.40 points, or 1.83 percent, to close at 3,297.25.

The day marked the best session for both the Dow and the S&P 500 since February 27, and the best for the Nasdaq since January 2. The Nasdaq climbed to a session high of 3,299.15, its highest since November 2000.”

 

I am not into the stock market. Since I am the lower end of the “99%” my idea of investing is buying an extra sack of sticky rice. Nevertheless, this sounds like a good thing economically. Of course the hydra of idiocy, Glen Beck, Rush Limbaugh, and Sean Hannity could find provide some expert ANALysis on how this is bad.

Beside that fact, I wonder, as I too often do about things I cannot change nor fix, of a different scenario and relate it to the conundrum of our sad reality.

 

Now first my disclaimer: I am neither attributing anything to anyone—I am just thinking/writing about what people think. In the end that is what I do.

 

Imagine if Mitt Romney won the election he so badly lost. All his minions would be screaming, “See ya’ll, Mitt knows bidness! He raised up the Dow!” (I know I am being extremely sarcastic—fun isn’t it?).

On the other hand, I hear no praises, at least within earshot of where I reside, lauding President Obama. Hmm…funny…yes?

However, you can bet your lucky made-in-China shoes that if the Dow was dropping, the valley where I live would echo hate-speech against the President like the fireworks echo off the mountains on the 4th of July.

Am I insinuating anything here? Uh…yeah, but I am not giving anyone credit for anything, and as stated before, neither am I taking credit away.

I would just love people to think outside the social norms that they have either received from their parents, or have created for themselves. It is another of our flaws as humans to have the need to belong to a group or cause; it makes us feel united and bigger than we are. This is not entirely bad. It is just scary. We have so much potential to think bigger. We can feel deeper. We can love first and hate last—if at all. We can be so much more than just a self-imposed label, with self-allowed ideologies.

I used this silly little, but current scenario to possibly open a few minds.

 Let us not be shallow pools, stuck in the mire of our own make; let us be deep oceans that are always swimming toward a better place.

 

Post Script—an interesting article:

 http://investorplace.com/2011/01/president-barack-obama-good-for-stock-market/

Hate mail welcomed (Love mail too).


No comments:

Post a Comment