Well it started already the final leg up but with the New Moon 16th Dec it will pick up pace and produce new highs within 2 weeks - thereafter we should see a sharp correction.
2. Again a good piece of evidence from zerohedge how the government is trying to create the illusion that things are getting better. The chart tells the whole story its getting worse
The number you won't hear mentioned anywhere in the Mainstream Media: 327,729. That is how many people shifted to Emergency Unemployment Compensation programs in the last week alone, hitting an all time record high of 4.2 million! So as everyone is focused on the benign picture of initial claims in the last week which was "only" 474,000, the number of people rolling off continuing benefits has exploded and is now a stunning 592,579 only in the last two week. Look for this number to keep going into the stratosphere as the 6 month continuing claims cliff keeps getting hit by more and more people who are unemployed and keep looking not only for believable change, but actual jobs to go with it.