One doesn’t know whether to laugh or cry. A Wall Street Journal news alert informs us that after Thursday’s accounting-rules-driven stock market rise, “The Dow Jones Industrial Average … is heading toward its best four-week winning streak since 1933.”
Lest anyone forget, the Great Depression still had quite a long way to go after 1933. By most historical reckoning, it didn’t truly end until the onset of World War II.
So … cheer up! We might be only eight years and another globally horrific armed conflict away from a real recovery!