From the unbiased Argus Leader:
The Dow Jones industrial average reached a new benchmark Tuesday, trading above 13,000 for much of the day and closing at 13,089.89.
Breathless news in some quarters.
But what it means for investors and the economy is simply that the Dow Jones reached a new benchmark.
If this "benchmark" had occurred when His Eminence Bill Clinton was on the throne, er, in office, he would have been proclaimed the new messiah from Boston to the Left Coast.
Just remember the media rule of thumb: if it's good news, minimize it and in no way connect it to President Bush. If it's bad news, no matter what it is, it's Bush's fault.
[The Patriot Post (PatriotPost.US)]
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