And this is astonishing - "Stocks surge as investors bet on rate cut"
"Dow in record territory; big Nokia deal offsets warning from Citigroup"
I have to admit I don't understand this even a little bit. My suspicions are that the larger, instutitional investors have no place else to go with their money and are gambling on the house of cards standing a while longer. I suspect they would be criticized for putting their money in other securities.
And I truly don't know.
Arf