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Stock market hits all-time high despite sequester

Reducing federal spending by 2 percent has not proven to be the economic disaster that some predicted.

At the moment, the Dow Jones Industrial Average is at 14,261, an all-time high. It’s up 8.8 percent year to date.

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https://twitter.com/bloodless_coup/status/308965230099173377

Is it possible that cutting government spending is good for the stock market?

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