Scottish voters reject independence from Britain


Ben Bernanke
How come nobody talks about the 'Obama bull market'?
How come nobody talks about the 'Obama bull market'?

It was widely noticed two weeks ago that the Standard & Poor's 500 index, the most important stock market indicator, hit a milestone by crossing 2,000 for the first time. It was somewhat less widely noticed that on that day, you would have notched a 148% gain if you had bought stocks on the day of President Obama's inauguration. In other words, the 2,000-point S&P was another manifestation of the Obama bull market. Nobody seems to call it that, however. Big business continues to grouse about the White House, as it has done pretty much nonstop since Jan. 20, 2009. The very day after the S&P record close (the index closed Monday at 2,001.54) came yet another attack on...