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Thu, Mar 7, 2013 -- 9:00 AM

The Dow Skyrockets: Sign of Recovery?


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Emmanuel Dunand/AFP/GettyImages
Traders react at the end of trade at the New York Stock Exchange on March 5, 2013.
Emmanuel Dunand/AFP/GettyImages
Traders react at the end of trade at the New York Stock Exchange on March 5, 2013.

The Dow Jones industrial average rocketed to a record high this week, the highest since the recession. Is this a sign our economy is recovering? Or is it just a short-term spike? We talk about what this means for the economy, market growth, jobs, housing and the road ahead.

Host: Michael Krasny

Guests:

  • Kathleen Pender, business columnist for The San Francisco Chronicle
  • Peter Coy, economics editor for Bloomberg Businessweek
  • Scott Anderson, senior vice president and chief economist for Bank of the West

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