"New signs of economic recovery keep emerging, but with the American consumer still hamstrung by flat wages and job losses, it's unclear those signs will last."
This comment says it all...
"Americans fearful of job losses or who are still searching for work aren't borrowing and spending enough to nourish a lasting rebound. That raises the vexing question of who will buy all the goods that manufacturers are producing?"
A lot of commentators have begun heralding a new bull market in stocks. Day after day, I hear that March was THE bottom, that the next bull market has begun, and that anyone betting on another collapse is a moron.
These claims are not only wrong, they are completely misleading and should be depicted for what they are: nonsensical hype from sources with conflicted interests - folks whose jobs and income stem largely from people remaining bullish.