In a crummy economy, why are stocks soaring?

In a crummy economy, why are stocks soaring?

By Christina Rexrodedaniel Wagner The Associated Press
Published Sep 14, 2012 10:08PM MDT
Washington• Economic growth is pitiful. Unemployment has topped 8 percent for an exhausting 43 months. The nation is careering toward a so-called fiscal cliff, and maybe a recession. So why is the Dow Jones industrial average, that trusty gauge of corporate America’s strength, just 4 percent shy of an all-time record? And why are the smaller public companies measured by the Russell 2000 index almost there already? Start with two words: Ben Bernanke. Bernanke, the Federal Reserve chairman, this ...
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