Stocks Are On A Tear After Dismal Economic News
Flickr/najeebkhan2009There was some dismal data today out of Europe, but it appears to have been priced in.
Stocks are now on a huge tear.
- Germany is up 1.2%
- Italy is up 0.5%
- US futures are jumping nicely.
- France is up 1.1%
The economy is miserable, but markets are not surprised.