February 21st, 2012
07:26 PM ET

Dow 13K: sign of a strong market, or merely a 'lame recovery'?

The Dow cleared 13,000 Tuesday, its highest level since May 2008–and in the process, President Obama found himself among the top five American presidents in terms of the Dow's performance (the other four are FDR, Coolidge, Clinton and Eisenhower). Does the market surge mean the recovery is real? Or, as one trader told Erin Burnett on a visit to the NYSE, just "lame"?

Filed under: Economy
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