Goldilocks Without The Bears

Every now and then, the economy is widely described as being a "Goldilocks" economy. Like Goldilocks' preferred porridge, it is not too hot and not too cold, but just right and bullish for stocks. We often agreed with that assessment, but we also noted that three bears did show up at the end of this cautionary tale.

Once again, the economy is just right for Professor Goldilocks, the economist with long blond hair. Today's economic indicators were all just right too: