The Dow broke 14k for the first time in history today.
Larry Kudlow at NRO Online has some thoughts. A snippet:
What we are witnessing here, in virtually every corner of the globe, is the success and the spread of unbridled free market capitalism. It is a dynamic worldwide march toward lower tax rates, deregulation, and, as market strategist Don Luskin put it on last nightâ€™s show, the â€œinterconnectednessâ€ of global economies through free trade, the free flow of capital, and the robust free exchange of information.
Despite the persistent doom and gloom refrain from various sourpuss prognosticators, it remains the greatest story never told.
And it’s not over yet.