The bogus science behind the claims

Currently the markets are rallying amid the claims by the clowns that the economy has hit bottom and is now on the upswing. In a classic situation of the tail wagging the dog, these prognosticators point to the stock market as a leading indicator.
Lower mortgage rates are enabling people to refinance and that may prop up spending a little, but it is the employment picture that should be the driver. Currently it is as bleak as it has been. It is hard to get even unpaid internships for students.
It is rather sad to see young, talented, positively driven graduates running head-on into this massive tsunami.