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.

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

Those same leftists will completely ignore how the sequester cuts aren't hurting the stock market. #dow

— RBe (@RBPundit) March 5, 2013

boy, this #sequester sure is terrible. Stock market makes new highs every day.. Gasoline price starting to fall. How much more can we take?

— Brad Miller (@BradsNews) March 5, 2013

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

@jimgeraghty @TheRickWilson Stock market action is BECAUSE OF sequester, IMO, not in spite of it. Contra Krugman, sequester = stimulus

— Joseph A. Tranfo (@JATranfo) March 5, 2013