Economical Good News?

STOP THE PRESSES! Mama is in good cheer:

To fully comprehend the exceptional strength of this report in comparison with recent trends, get the entire report at the link above and compare this month's figures to the two prior months and to the 2006/2007 YTD numbers.

I feel more sure than ever, although I cannot prove it, that the B/D models are causing BLS manufacturing related employment to be understated in recent months. The recent reads on the Japanese and German economies have showed some disappointments in growth, so I think this report may represent some gains for the US in heavy production versus those economies. The driving force is probably helping the US to gain share.

The necessary move transition away from a consumer-led economy and back to an economy based on fundamental production may be well underway. This is a strikingly healthy report, and no one can fairly accuse me of relentless, heedless optimism.

No they can't! So, today, we are letting the world know that Mama is happy. In the market? I say stocks are a strong buy!