This cartoon by Steve Sack, editorial cartoonist for the Minneapolis Star Tribune, relates to Wall Street's record-breaking performance last week, which saw the Dow Jones industrial average strike all-time closing highs on Tuesday and Wednesday.
COMMENTARY
The cartoon shows a bull with a rocket strapped to its back shooting into the sky. Two men are riding on the rocket. One says to the other, "Who knew? We should have elected a Marxist, Socialist anti-business redistributionist president long ago!!!"
EXPLANATION
The bull represents the bull market, a situation in which share prices are rising or are expected to rise. The bell hanging from the bull's neck is the Wall Street Bell, which is used to signal the opening and closing of trading on the New York Stock Exchange. The two men are bankers or financiers who are profiting from the rocketing stock market. The comment is ironic—President Obama was accused of being all those things by his Republican opponents, but that hasn't stopped the stock market from soaring.
