The last time continuing jobless claims was this low, the Nasdaq peaked at the end of the dotcom boom and collapsed over 80% in the next 2 years. So be careful what you crow about...

The 'best' continuing jobless claims print since April 2000... tumbling to 1.979 million (well below the 2.024 million expectations)

 

Despite a slump in industrial production...

Which just happens to coincide with the peak of the Nasdaq...

So this is hardly a leading indicator of awesome times ahead?!