Jeff Matthews thinks so. He points out that a lot of conference calls have mentioned very positive growth occurring.
While this is anecdotal and therefore not verifiable it's hard to place a value on. However, Jeff assembles a ton of really solid anecdotes from a variety of industries that are very positive.
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Your link needs correcting, Bonddad (you have an additional, unnecessary "//http" in it).
(Feel free to delete this comment.)
All Matthews talks about is corporate earnings growth. It seems the big boys have been in good shape since the second quarter (e.g Alcoa) but the labor markets have not caught up. Yes, unemployment is a lagging indicator - but for how long? If joblessness hangs around ten percent for much longer I'll start questioning any purported correlation between the two.
I'm trying not to get too optimistic, but maybe job growth will be stronger than expected. You've written about the stronger retail sales data, initial claims are near a two year low, and I believe Oct's job report was much better than expected.
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