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"Do you EVER have anything positive to say?"

Yes I do. I might not have made it obvious, but today's March employment number is very good news. I have always thought this index is the proper one to use because it can be related to a longer period than the household survey. It just seems odd in a way that so many who dismissed these numbers and their source have had such a quick conversion to it's support.

Call me cynical, but if you all of a sudden fall in love with a statistic - it's a bit like leaving your wife of 20 years for a 'hottie' or 'trophy wife'.

Keep in mind 1 month or quarter of good job numbers is not a trend yet - but could very well be the start of one. The champagne is on ice in the clubhouse - but won't be uncorked until the ballgame is over.