Stocks Are On A Tear After Dismal Economic News

There 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.

For more on today's data, see here >