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thranx on 26 April 2013
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to call it a winner i wouldn't want to articles about growth not being as expected, and the us still possibly facing a recession/depression as we stop spending oney to prop things up.

http://www.cnbc.com/id/100678290

" Gross domestic product expanded at 2.5 percent annual rate, the Commerce Department said on Friday, after growth nearly stalled at 0.4 percent in the fourth quarter. The increase, however, missed economists' expectations for a 3.0 percent growth pace.

Part of the acceleration in activity reflected farmers' filling up silos after a drought last summer decimated crop output. Removing inventories, the growth rate was a tepid 1.5 percent. "

"Data ranging from employment to retail sales and manufacturing weakened substantially in March after robust gains in the first two months of the year. There are indications the weakness persisted into April. "

" However, households cut back on saving to fund their purchases after incomes dropped at a 5.3 percent rate in the first quarter - a bad sign for future spending growth. The drop in income was the largest since the third quarter of 2009.

The saving rate - the percentage of disposable income households are socking away - fell to 2.6 percent, the lowest since the fourth quarter of 2007, from 4.7 percent in the fourth quarter of 2012. "

" A core measure that strips out food and energy costs rose at a 1.2 percent rate, still well below the Fed's 2 percent target. Core PCE had increased at a 1.0 percent rate in the fourth quarter.

The lack of inflation should come as welcome relief for American households, but it could cause some nervousness at the U.S. central bank, which may see it as a symptom of the economy's weakness. "

I cherry picked some qoutes, but the article is all there. To me it just doesn't scream success and that we are out of the water. To me it more says we have no idea where things are going. We have less than expected growth that was bolstered by companies filling the reserves. Not much confidence in there.