Video-o-rama: Dow back above 9,000
Prieur du Plessis (July 25th, 2009) Writes:
The Dow Jones Industrial Index on Thursday breached 9,000 for the first time since January and the Nasdaq Composite Index notched up a 12th consecutive advancing day (the first time sine 1992) as favorable reactions to earnings and economics reports propelled stocks and other risky assets higher. Meanwhile, the usual debate on the outlook for the economy and shenanigans of financial institutions again dominated the video channels over the past few days.
Fed Chairman Ben Bernanke’s bi-annual testimony on Capitol Hill (and an expected grilling by Alan Grayson) and other highlights of the week’s trials and tribulations were captured on video and are included in this video-o-rama compilation. Strutting their stuff were a star-studded cast including the likes of Martin Feldstein, Stephen Roach, Bill King, Nouriel Roubini, Sheila Bair, Mario Gabelli and George Friedman.
The compilation starts off with an interview with Harvard’s Martin Feldstein about his “double-dip” economic
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