Good News is... No News

So did anyone notice that the Dow was up nearly 400 points today? Interestingly enough, had it gone in the other direction I'm sure it would have made headlines and there would have been several new "doom and gloom" editorials. Speculation and debate of recession as well as criticism of W and his cronies would have filled the air waves. So there was very little in the way of explanation, however I did see a mid day blurb about oil prices getting a little relief.

Now I'm as full of gloom as the next guy when it comes to the future economic prospects of the United States... however there is a clear double standard here which really is standing out today.

So those who do try and take a stab at reporting today's good news even try to put a negative spin on it:

Bank stocks: April Fool or the real deal?

Oh wait... here we go... no headline however...

New quarter kicks off with a bang