Decius wrote:

First time in a long time I've read optimistic economic data.

Bear in mind that this optimistic data floats on a sea of risk:

New Home Sales Off Historic Lows But Way Below 'Normal'
Consumer Credit Card Defaults Rising
Residential Mortgage Defaults at All-Time Highs & Rising
Unemployment High & Rising - USA at 10% in 9/09 vs. 6% Y/Y
Debt Levels at Historic Levels & Rising, USA Government Leading Charge

(From my link to Meeker's presentation, posted Thursday)

RE: Mary Meeker Morgan Stanley - Mobile Internet about to blow up