‘Stars Are Aligning’

“The stars are aligning to push the market higher,” Brian Jacobsen, who helps oversee about $209 billion as chief portfolio strategist at Wells Fargo Advantage Funds in Menomonee Falls, Wisconsin, said in a telephone interview. The jobs data“was a very encouraging report. It should silence a lot of the skeptics out there who are saying that Europe is going to push the U.S. into a recession.”