Bullish News

http://finance.yahoo.com/news/u-s-labor-market-keeps-crushing-expectations-145607077.html

(SMH)…honestly, just read that out load a few times…

It turns self-fulfilling at some point though. Companies get optimistic, so they hire. Labor force participation is up, so more people are spending money. People that were working are more confident, so they spend more. Pretty soon that spending is feeding GDP growth. Then companies have higher sales and the cycle continues.

70% of our economy is consumer spending. Consumer spending is largely determined by confidence which is very high right now. People are more likely to make big purchases or buy things they’ve been delaying.

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