Feb 25, 2017

America's good mood

"Americans Haven't Been This Optimistic About the Job Market in Over 30 Years," by Bloomberg's Jordan Yadoo: "Thirty-five percent of U.S. consumers surveyed by the University of Michigan this month expect unemployment to further decline during the year ahead."

That's the largest share "since March 1984 — a time when unemployment was a full three percentage points higher than the current rate of 4.8 percent."

Chaser ... "Record-setting stock rally faces test in Trump speech," by Reuters' Lewis Krauskopf: "[S]ome investors worry that his first major address to Congress [on Tuesday] risks dousing it if his plans look slow to execute or are overly vague."

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