This Day on Wall Street: Mao is finally helping Americans

Monday January 11, 2010 saw an upward market. The Dow was up around 45 points. Nothing huge, but it's a start. Hold the applause for Chairman Mao or at least the country he left behind. A country that thrives on capitalism and pretends to be communist. China reported an imports record and more exports than anticipated. Some of the important commodities involved? Construction machinery, like Caterpillar. Aside from helping the market out today, we can thank China for the tooth brushes resting on our sinks, the plastic cups in our cabinet, and even that rubber duck in the bath tub you hope no one knows about; here's to you, Mr. Mao.