The market is purely being driven by liquidity and pumping from the world's
central banks*.
*Except for a few things, such as...
Initial jobless claims that keep grinding lower.
Chicago-era hiring intentions at the highest level since 1984.
And a rebound in housing starts.
And rising car sales.
Better and better readings from the Dallas Federal Reserve.
And a nice uptick in the Richmond Fed Manufacturing Survey.
And a collapse in anxiety about finding a job.
And a long string of positive numbers in Citi's Economic Surprise Index
*Except for a few things, such as...
Initial jobless claims that keep grinding lower.
 |
Chicago-era hiring intentions at the highest level since 1984.
 |
And a rebound in housing starts.
 |
And rising car sales.
 |
Better and better readings from the Dallas Federal Reserve.
 |
And a nice uptick in the Richmond Fed Manufacturing Survey.
 |
And a collapse in anxiety about finding a job.
 |
And a big upswing in Gallup's
survey of economic confidence.
 |
And a long string of positive numbers in Citi's Economic Surprise Index
 |
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