Gary Thayer Despite Quotations

We still have a very weak world economy, despite the fact that the U.S. economy is still doing pretty good, ... We're seeing lower prices basically because there is more production out there than demand.

Energy prices are dropping, and consumer spending is holding up despite rising unemployment . These are encouraging things the market is recognizing.

Fewer people are worried about jobs right now, more people think that jobs are easy to get, and I think that's supporting confidence despite the high energy prices.