Why is it that all good economic news is 'unexpected' to Bloomberg?

[sinkingfeeling]

http://www.bloomberg.com/apps/news?pid=20601103&sid=aXttI5hjzw0I&refer=news


March 25 (Bloomberg) -- U.S. stocks rose, sending the Dow Jones Industrial Average to a five-week high, as unexpected growth in orders for durable goods and new home sales spurred speculation the economy is stabilizing

http://www.bloomberg.com/apps/news?pid=20601206&sid=aAZ4tL_FZ32w&refer=industries

March 25 (Bloomberg) -- Purchases of new homes in the U.S. unexpectedly rose in February from a record low as plummeting prices and cheaper mortgage rates lured some buyers.

[MattBaggins]

1. Because he and his buddies have worked their asses off

to ensure that the economic news would be bad.

[MADem]

2. Well, I'd say it's because everyone has been saying the sky is falling. NT

[marketcrazy1]

3. to put things in perspective

FEBRUARY DURABLE GOODS ORDERS: +3.4% V -2.5% estimate

DURABLES EX-TRANSPORTATION: +3.9% V -2.0% estimate

Prior Durables revised from -4.5% to -7.3% (second revision) Jan
Prior Durables Ex Transportation revised from -3.0% to -5.9% (second revision) JAN

Expect this months data to be revised downward (significantly?) next month.

. FEB JAN DEC
(Dollar Amounts In Billions)

New Orders for Durables 165.56, 160.06, 172.74
Percent Change 3.4, -7.3, -4.6
New Orders, Ex-Defense 153.30, 150.67, 157.00
Percent Change 1.7, -4.0, -7.6
New Orders, Ex-Trans. 127.29, 122.56, 130.18
Percent Change 3.9, -5.9, -5.7
Primary Metals 13.11, 13.19 ,14.10
Percent Change -0.6, -6.4, -11.7
Fabricated Metals 23.85, 23.49, 24.80
Percent Change 1.5, -5.3, -4.8
Machinery 24.44, 21.53, 23.93
Percent Change 13.5, -10.0, -9.5
Computers/Electronics 24.25, 22.96, 24.83
Percent Change 5.6, -7.6, -6.8
Electrical/Appliances 8.57, 8.43, 9.25
Percent Change 1.6, -8.9, 6.8
Transportation Equipment 38.26, 37.50, 42.57
Percent Change 2.0, -11.9, -1.2
Nondefense Cap. Goods 52.77, 49.15, 53.96
Percent Change 7.4, -8.9, -10.3
Defense Capital Goods 9.96, 7.37, 12.39
Percent Change 35.3, -40.6, 45.6
Durable Goods Shipped 179.12, 179.99, 189.91
Percent Change -0.5, -5.2, -1.5
Unfilled Orders 773.73, 784.27, 800.36
Percent Change -1.3, -2.0, -1.5 ............................ still not so good but trending better... (this is only the last three months)

[C......N......C]

4. Because it is a short term

and people are dying for any good news.

[WI_DEM]

5. Obama has already accomplished something. More people today feel confident about the future than

they did in the last years of Bush.

[Political Heretic]

6. Both of those events are utterly meaningless

Stocks rose based on emotional sensationalism and not a single concrete indicator. OMG the government has a plan, stocks shoot up 500 points, gains which will be erased no doubt over the next two weeks as the uncompromising forces of reality do their work.

Yay some people buy fractionally more houses then predicted. But in other less reported news, house prices CONTINUED TO FALL and the number of houses being foreclosed on or sold ROSE AGAIN.

The M$M reports on the market like a fucking child hoping for his special toy on christmas day. OMG maybe we can make this sound optimistic and then people will FEEL more optimistic and then everything will be okay, wait... more ACTUAL bad news from the reality based world out that - dammit! SELL!