under no circumstance listen to the mainstream media on the economy because at this point, it's like reading the national enquirer...
CPI / PPI data has been revised month over month as have jobs reports.
CPI has also been reformulated and the job report that continues to show any sort of strengths is very limited to a few sectors and folks working numerous part time jobs. These are jobs at the bottom of the salary bracket... it's near impossible to find a solid white collar job right now.
The market continues to grow based on more profitable companies that have laid off folks but are not tied in to any results... yesterday's CNBC report showed a decline in consumer / retail spending which is step one. It's going to get ugly very very soon... as we are still experiencing inflation and the fed has to be very careful so we don't hit a stagflationary period.
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2 x N54 -> 1 x N55 -> 1 x S55-> 1 x B58
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