Dow Jones At New All Time Highs - Here's Why

Submitted by Tyler Durden on 04/09/2013

’Curious why the Dow Jones Industrial Average just hit new all time highs? Here's a partial list of recent economic events:

Markit US PMI    Miss

ISM Manufacturing    Miss

ISM New York    Miss

Vehicle Sales    Miss

ADP Employment    Miss

ISM Services    Miss

Challenger Job Cuts     Miss

Initial Claims    Miss

Trade Balance    Beat

Non-Farm Payrolls    Miss

Hourly Earnings    Miss

NFIB Small Business    Miss

Wholesale Inventories    Miss

And that's ignoring the absolute economic collapse in Europe, the Chinese slowdown, and the Japanese economic basketcase.

What is there to even say anymore: Stalingrad 4 Eva! Remember: central planning works.

and if pictures are better than words...’