I guess we may have to wait until later for job growth, but in the mean time we have gains in stocks, consumer confidence rising quickly, corporate profits up over 10%, and a GDP growing at a modest 2%.
I'm hoping that maybe, just maybe with a weak dollar, a demand for exports might grow, leading to job growth as well. Considering the weakness of the dollar, I've wondered if foreign interests might be driving the stock market as well. I'm not sure what the downside would be, but if it generatese foreign interests in American products, real estate, or stocks, wouldn't a weak dollar be a good thing?
Otherwise, yes, it's going to stay a little tight out this way in Dallas...