The market won't be considered "recovered" until it reaches the point our 401K's have the value they had before this mess. Until that point, this daily hype is a waste of time. Next in the News Obama will be delcaring the econonmy recovered cause the market went up!!

Liberals don't care, most of them don't have a 401K. why should they save for their future when Obama will take care of them. They seem to think 401K's are for "Rich" people and they deserve to lose their money. Obama policy is to punish the responsible to enable the irresponsible.

SLM, do you like being negative..maybe its a sign to come..how about a bit of optimism..

Income rose more than spending, so consumers are still saving. They'll have to take their hands out of their pockets before a recovery becomes "official."

Barclays just did a survey of their foreign exchange investors, in which only 18% thought risky assets had further to rise. There’s plenty of money still sitting on the sidelines. 69 per cent thought that the path of the global economy will be either “U-shaped” (slow recovery) or “W-shaped” (another downturn in the works), and 60% opined that this is still a bear market rally.

I agree with SLM. Ali does come off as a bit of a cheerleader.

I guess the market thinks America is better off going out of business as opposed to continuing to operate under failed leadership and flawed business plans.

With great thanks to all the failed leaders on Capitol Hill and Wall Street, the market should really take off once our fall mirrors the collapse of the Soviet Union.

Ali, "this is off-topic" ,but concerns TARP recipients paying back the money borrowed. JP Morgan Chase has asked the treasury to settle it's debt (approx. $5bn). If the treasury says no,and for good reasons,being that they as (US Government/Treasury) owners have the right to look at their off-shore accounts to see if there's tax evasion,or malfeasance? PS Your aware that JP Morgan Chase is now the largest bank in the country,going from the third spot to #1 in six months! So much for to big to fail,... Thanks