Investors seem to have post-traumatic stress syndrome from the 2008 cirsis. They may be underestimating the value of improving economic indicators:

• Declining initial unemployment claims - the lowest since last April
• Increasing retail sales (0.1% in June to 0.6% in September)
• Improving Purchasing Managers Index
• Growing Consumer Sentiment Index (55.7% in August to 64.2% now)