In New York
Source MarketWatch
U.S. stocks gained after investors took heart from stronger U.S. economic data, snapping a three-day losing streak, but finished off session highs
after another warning about Europe’s sovereign-debt crisis.
Initial jobless claims filed in the U.S. last week were the lowest since May 2008, the Labor Department said, the latest indication of strength in the
weak jobs market. Also helping sentiment, a gauge of mid-Atlantic manufacturing activity jumped for December versus the prior month. Read more on
jobless claims and the Philly Fed’s activity index.
A slew of other U.S. economic data greeted investors. U.S. wholesale prices rose slightly in November due to higher food costs, but the
underlying rate of increase in producer prices remained tame,
U.S. stocks rise; sentiment bolstered by data
Jobs in 2012: Growth, but recovery years away
[size=5]"There's some reason to be optimistic" about jobs in 2012, but don't overdo it, says Wells Fargo senior economist Mark Vitner. "It will
be a matter of years" before we see strong economic or job gains. [/size]
Right this economist Mark Vitner says that the comeback of jobs would take years? how about there is no recovery at all? and just who is Wells
Fargo?
Source
So is he Trustworthy? NO.
Heres more by the Global and Mail
Source Global and Mail
and

at the picture for the story.
The close: Dow, TSX see big gains amid hopeful signs from Italy, U.S.
In My Personaly view and opinion 2012 will be worse where i live food prices are rising and where i live finding jobs is nearly impossible unless you
family connections who may help you find a job or let there boss know about you.
I have talked some of my freinds over the net who live in America they are more worried about paying the rents rather then the food prices at least
for now at least thats one of my freinds who lives in state of texas worries.
So what you think ATS?