Wednesday, April 25, 2007
 
I Don't Think That Economic Indicator Means What I Think It Means
Kudos to the AP reporter Madlen Read who spun this story according to her own pecadillos: Dow crosses 13,000 for first time ever:
    The Dow Jones industrial average shot past 13,000 for the first time Wednesday as stronger-than-expected earnings reports streamed in, suggesting to investors that corporate America is successfully weathering the cooling economy. [Emphasis added.]
The earnings rising, new homes sales and manufactured goods sales rising, job-creating, cooling economy.


- posted by Brian J. @ 2:26 PM
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To say Noggle, one first must be able to say the "Nah."