davesdawgs Georgia Fan Georgia Member since Oct 2008 11008 posts
re: So the Dow set a record-high today... (Posted on 3/6/13 at 10:27 am to JPLSU1981)
What is more interesting is the data comparison between the previous high in 2007: LINK The only positive in the whole bunch is the reduction in household debt probably due to a ton of foreclosures.
=============================================== Dow Jones Industrial Average: Then 14164.5; Now 14164.5 Regular Gas Price: Then $2.75; Now $3.73 GDP Growth: Then +2.5%; Now +1.6% Americans Unemployed (in Labor Force): Then 6.7 million; Now 13.2 million Americans On Food Stamps: Then 26.9 million; Now 47.69 million Size of Fed's Balance Sheet: Then $0.89 trillion; Now $3.01 trillion US Debt as a Percentage of GDP: Then ~38%; Now 74.2% US Deficit (LTM): Then $97 billion; Now $975.6 billion Total US Debt Oustanding: Then $9.008 trillion; Now $16.43 trillion US Household Debt: Then $13.5 trillion; Now 12.87 trillion Labor Force Particpation Rate: Then 65.8%; Now 63.6% Consumer Confidence: Then 99.5; Now 69.6 S&P Rating of the US: Then AAA; Now AA+ VIX: Then 17.5%; Now 14% 10 Year Treasury Yield: Then 4.64%; Now 1.89% EURUSD: Then 1.4145; Now 1.3050 Gold: Then $748; Now $1583 NYSE Average LTM Volume (per day): Then 1.3 billion shares; Now 545 million shares