- NYT’s David Brooks: Obama has ‘manhood problem’ in Middle East
- Ted Cruz thanks Obama for denying visas to terrorists
- Survivors recall chaos, fear in Everest avalanche
- General Mills apologizes for ‘right to sue’ confusion, reverses policy
- Dealer wanted in U.S. for art fraud nabbed in Spain
- Easter morning delivery for space station
- Boxer Rubin ‘Hurricane’ Carter dies at 76
- Probe could complicate Rick Perry’s prospects
- Ukraine, Russia trade blame for eastern shootout
- Obamas head to church on Easter morning
Women losing coverage under Obamacare, too
Topic - Russ Koesterich
The Dow Jones industrial average on Tuesday surged convincingly past its previous record and landed at an all-time high of 14,253.77, fueled by record corporate profits and the loose money policies of global central banks.
"China avoided a hard landing; except for a short-lived scare over Cyprus, Europe managed a year without a crisis; the Middle East continued to simmer, but failed to erupt; and while Washington provided its usual drama, politicians did not do any lasting damage," he said.
Even the year's unexpected developments proved to be beneficial, he said.