On The Up and Up

Last month the Dow Jones did something it hasn't done in a very long time—it closed over the 13,000 mark. This benchmark has not been reached since the market crash in May 2008. This is great news. Not only does it signal (at least by the Wall Street numbers game) that at long last we are in economic recovery, it also creates a perception that our fiscal house is getting itself in order and America can start spending again.