It is ISM manufacturing day and I would not be surprised if the reading is good. Just a hunch really, but from my corner of the world things are really heating up. Like night and day in fact, after a really tough last 12 months.
With non-productive stimulus boondoggles in the system keeping hope alive, and with inventories being worked down while the financial world pretends to remain intact, I could envision a number today that gives heart, and hope. But it is quite possible that what is going on right now, with the rally in stock prices and human sentiment, is just a cold and uncaring corrective 'A' leg of an A-B-C upward correction, as pundits declare a new bull market, along with a nice bear flag in human sentiment. You know what bear flags do after all... to the untrained eye they present the idea that the worst is over.
