MSNBC: "Stocks finish week strong despite poor jobs data"...Isn't that SPECIAL?

[Amerigo Vespucci]

Stocks finish week strong despite poor jobs data

http://www.msnbc.msn.com/id/3683270/

NEW YORK - Not even grisly job losses could get in the stock market’s way Friday.

The Dow Jones industrial average clawed higher to end above 8,000 for the first time in nearly two months, and logged an impressive fourth straight week of gains. Overall, the Dow is up 20.98 percent, the best four-week percentage gain since 1933.

The S&P also recorded its best four-week percentage gain since 1933. And the Nasdaq posted its largest four-week gain ever. (The index was founded in 1971.)

The last time the Dow rose for four consecutive weeks was between September and October of 2007 — when the index reached its record above 14,000.

[Mudoria]

1. The market usually rebounds faster than the jobs do..

[rockymountaindem]

2. As I said yesterday

I'd rather have one indicator looking bad and one looking not so bad than have them both looking bad. Since stocks are a leading indicator, it may, *may* be a good sign. Or it could be a dead-cat bounce.

[ldf]

6. wall street doesn't give a squat about jobs, except

when they are disappearing, because then the "bottom line" of the corporations looks better and better.

if corporations are paying out less in wages, profits are higher. they have been acting for short term game for years, now.

wall street only cares about wall street, and continuing the whole ponzi scheme that IS wall street.

[terisan]

3. Government allowing Wall St/Big Banks to loosen Mark to Market rules-lie about value assets. nt

[PBS Poll-435]

4. The bank stocks are looking very strong lately

BAC, WFC, USB and C are hawt.

[Muttocracy]

5. I figured it went up because of the cost-savings of layoffs for companies? nt

[kentuck]

7. So...

The market can be strong and jobs can be weak or jobs can be strong and the market can be strong or the market can be weak and jobs be weak but the market cannot be weak and the jobs be strong??

[GoesTo11]

8. Would you rather have jobs strong and market weak?