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Impending American Renaissance Or Collapse? 1 comment     Sep
21, 2012 5:53 PM | about stocks: AAPL, GE, SPY, MSFT, WMT, GOOG
Ask someone about the state of the US economy. Chances are that
you get one of the two following answers:      1. America is at
the beginning of a new economic renaissance.     2. America is
in the final stages of economic collapse.      So what's the
right answer? I believe the 'renaissance' answer oversimplifies
the current scenario.      Renaissance: Strong Corporate and
Asset Performance      Judging by the performance of the S&P 500
(NYSEARCA:SPY) you'd think we're back to the roaring 2007s. The
price level for the S&P 500 is nearing historical highs touched
in 2000 and 2007. If you include dividends, the S&P 500 has done
even better.