Heating Up

(1) Consumers are upbeat. (2) Jobs are more plentiful, so they say. (3) Consumers also say jobs are less hard to get, as confirmed by jobless claims and jobless rate. (4) Underemployment may be depressing Yellen more than consumers. (5) Asia is hot. (6) Good news out of China. Not so good out of Japan. (7) Production at record highs in lots of Asian economies. (8) Asia is especially cheap compared to the Eurozone with its economic and geopolitical woes.