REMARKABLE ECONOMY FORECAST

Another good news economic forecast has come out (As usual, I recommend reading the whole article):

At a time when markets find themselves distracted by anxiety in the financial sector, Wells Capital Management's Chief Investment Strategist Jim Paulsen said he sees a healthy recovery coming on, thanks to positive trends among a few market indicators, he told CNBC Monday morning.
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The strategist also said that this will be a slow but long-lasting recovery, possibly surpassing the record for the longest recovery for the United States, which stands at 10 years.

This forecast follows lots of other good news, such as CEOs forecasting a good economy for the next year* and a very good Consumer Confidence Index number  (104.1), the highest since 2007.**   Also there have now been 80 consecutive months with weekly jobless claims less than 300,000,*** the longest stretch since 1970 and a record for weekly jobless claims per 100,000 population.  The median household income increased last year by 5.2% and was a record.****  All sections of the country benefited.

* http://www.cnbc.com/2016/10/03/strategist-jim-paulsen-gear-up-for-the-longest-recovery-ever.htm
http://stopcontinentaldrift.blogspot.com/2016/08/ceos-optimistic-about-next-year.html
** http://stopcontinentaldrift.blogspot.com/2016/09/consumer-confidence-in-september-is.htmll
*** http://stopcontinentaldrift.blogspot.com/2016/09/jobless-claims-and-job-openings.html
**** http://stopcontinentaldrift.blogspot.com/2016/09/how-good-do-things-have-to-get-before.html