I think futures are up because people are looking ahead to today's numbers and seeing that this economy continues to move ahead very nicely, no matter what problems a specific company may be reporting.
Today's labor market does not fit the mold of the old models. The economy has recovered, and many of the old jobs are gone.
An economy in neutral has started to move forward.
The secular trend of foreign private interest in U.S. securities is likely to continue as long as the U.S. economy remains strong.
It's a good number, and shows the economy continues to move ahead. What's great is that it's broad-based growth. All the basic components are showing forward motion, which is bullish going forward.
It's a good number, and shows the economy continues to move ahead, ... What's great is that it's broad-based growth. All the basic components are showing forward motion, which is bullish going forward.