As of December 3rd 2010, Factories are busier, construction spending is up, and auto sales are rising. And on Wednesday (December 1st) the stock market had its best day since September after a report that the private sector hired the most workers in three years.
The Dow Jones industrial average jumped more than 2 percent, enough to erase nearly two weeks of losses. Analysts said investors concluded that a stronger job market would support higher stock prices.
These facts are supportive of recovery underway. I also read this morning that the Luxury Home Sales Market is thawing out. There are lots of bargains to be had. People with money are starting to spend it. If you are a high end home owner who has withdrawn from the market you may want to consider reentry.
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