Stocks Rise on Strong Earnings(despite flat industrial production

[papau]

http://story.news.yahoo.com/news?tmpl=story&ncid=716&e=8&u=/ap/20040116/ap_on_bi_st_ma_re/wall_street

Stocks Rise Slightly on Strong Earnings

<snip> Consumer confidence rose to its highest level in three years in mid-January, according to the University of Michigan's index. In addition, businesses boosted their inventories by a modest 0.3 percent in November, a sign of wary confidence in the economic rebound.

However, the government announced industrial production was up only 0.1 percent in December, well short of the 0.5 percent expected by Wall Street and the 1 percent growth posted in November. <snip>

[denverbill]

1. Wow. After 3 years of Bush's economic miracle, we're almost back.

Back to where we began before Bush fucked it all to hell. That Bush is just a miracle worker I tell you.

[quispquake]

2. Except for the jobs...

...and the switch from middle class to Wal-Mart incomes, etc...

The economy is only back for the top 3 or 4%...the rest of us are screwed...

[jayfish]

3. Yessss! That Must Mean Another * Tax-cut Is On It's Way.

:eyes:

Jay