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To: Sr K who wrote (108822)2/3/2012 12:59:10 PM
From: RetiredNow  Respond to of 149317
 
Just saw a Bloomberg article on Caterpillar. The Caterpillar business outlook is very bright! That too me is the best news I've heard in awhile. They said they are 2 years into a 6-7 year recovery cycle. That's pretty solid evidence of a recovery.

Here's another dataset for you. The ECRI Weekly Leading index has improved 4 weeks in a row. It's not a definitive trend yet, but it sure is a good pattern.