The Dow Jones Industrial Average (INDU) rose to its highest level ever today, erasing losses from the financial crisis after a four-year rally fueled by the fastest profit growth since the 1990s and monetary stimulus from the Federal Reserve.
Via Drudge:
PAPER: Dow Jones speeding on Fed steroids…
CRAMER: ‘We all know it’s going to end badly’…
Gov’t Borrows $254 Billion in Feb…
TAX REVENUE TO HIT RECORD THIS YEAR…
UPDATE: Taxes on the Rich Set to Hit 30-Year High…