Those of you who have money in the stock market might be celebrating the recent run that has seen the Dow rise 20.4 percent over the last month. Lest we get carried away, however, the AP's business writer Sarah Lepro, perhaps inadvertently, throws a little cold water on our exuberance.
She notes that the Dow's rise over the last four weeks is "its biggest percentage gain in a four-week period since the spring of 1933." That date sounds ominous. The depression lasted for about another decade after 1933.RLC