By John Solomon
How the government's punishing of the exposure of official wrongdoing can linger for years
U.S. stocks moved higher Thursday after claims for unemployment benefits fell and name-brand companies such as Royal Caribbean and Harley-Davidson reported healthy profits.
U.S. stocks turned positive Monday afternoon, in a day of uneven trading plagued by investors' fears about the approaching "fiscal cliff."
Stocks fell Thursday, with investors too worried about high gas prices and stagnant employment to be impressed by higher consumer spending.
"Some of the earnings were OK, but it's more just stimulus, stimulus, stimulus," Mr. Freeze said. "As long as the world wants to print (money) ... the fears of a global slowdown are going to be muted."
The market, he said, is "slowly melting up on basically nothing."
