There is a certain skepticism with regard to the rallies that we have seen in the stock market. We have yet to see the worst of the economic news.
The recent rally in the stock market might be captured (in the numbers).
This is a sign of optimism the expansion will continue and it's consistent with move up in stock prices.
The bond market expects the stock market to fall very hard ... people are trading scared.
In the morning, many people thought the Clinton report would hurt the stock market - but it happened yesterday and Wednesday.