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Transcripts For CNNW Erin Burnett OutFront 20120222



was 14,164, but we have come a long way, baby. a long way from the bottom, like we have doubled. that is pretty incredible. and also incredible, the surge since president obama took office. the dow is up 63% since inauguration day. that ranks him fifth. after 1,153 days in office, fdr, calvin coolidge, dwiez eisenhower, and bill clinton had b better records. and this is important, because a lot of the americans are invested in the stock market. according to gallop, 54% of americans own stock through the pensions and the 401(k)s, and the market is not for the very few. the question is will the largess will last. i went to the stock market exchange today, and traders clapped half heartedly, and i have spent a lot of time down there, but i had to confirm that the clapping was really for the milestone. i was told it lacked enthusiasm and drifting upward without conviction and in a word one trader used, lame. well, lame it may but be it is not taking away the point that it h ....

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Transcripts For CNNW Erin Burnett OutFront 20120222



well, good evening, everyone, outfront that dow crossing 13,000 for the first time since 2008, and we are short of the all-time high which was 14,164, but we have come a long way, baby. a long way from the bottom, like we have doubled. that is ip credible and also the incredible surge since president obama took off. the dow is up 53% since inaugural day, and that ranks him fifth after 1,153 days in office, franklin roosevelt, and calvin coolidge and bill clinton and dwight eisenhower have only exceeded that. and this is important, because a lot of the americans are invested in the stock market. according to gallop, 54% of americans own stock through the pensions and the 401(k)s, and the market is not for the very few. the question is will the largess last? i went to the stock market exchange today, and traders clapped half heartedly, and i had to confirm that the clapping was for the rally. i was told it lacked enthusiasm and drifting upward without conviction and in ....

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Transcripts For CNNW Erin Burnett OutFront 20120222



long way, baby. a long way from the bottom, like we have doubled. that is pretty incredible. and also incredible, the surge since president obama took office. the dow is up 63% since inauguration day. that ranks him fifth. after 1,153 days in office, fdr, calvin coolidge, dwiez eisenhower, and bill clinton had ben better records. and this is important, because a lot of the americans are invested in the stock market. according to gallop, 54% of americans own stock through the pensions and the 401(k)s, and the market is not for the very few. the question is will the largess will last. i went to the stock market exchange today, and traders clapped half heartedly, and i have spent a lot of time down there, but i had to confirm that the clapping was really for the milestone. i was told it lacked enthusiasm and drifting upward without conviction and in a word one trader used, lame. well, lame it may but be it is not taking away the point that it has risen so much since the fi ....

Dow Crossing 13000 For The First Time , President Obama , Middle Class Americans , Bill Clinton , Calvin Coolidge , Dwiez Eisenhower , Stock Market , Stock Market Exchange Today , Half Heartedly , Rally Needs Enthusiasm , Gdp Numbers , Employment Improvement , Geopolitical Represents , Retail Investor , Geopolitical Turns , Scaling Out 13000 Substractive , Peter Kenny , Invest Will Hire , Weren T Working In The First , The Three Musketeers , He Doesn T Waung Nt , Wall Street , Core Effect , Wealth Effect , Weren T , 75k Voters Plus ,