Conference Board Euphoria

Well I'm heavenly blessed and worldly wise
I'm a peeping tom techie with x-ray eyes
Things are going great
And they're only getting better
--Timbuk 3

Extreme measurements in sentiment keep on coming. The difference between Conference Board measures of consumer confidence and personal savings rate has not been this wide since...just before the credit collapse of 2008...and the dot come bust of 2000 before that.

Oh, and the Conference Board survey of consumer expectations for higher stock prices has never registered a higher reading.

When the future seems so bright that you have to wear shades, remember that you'll be at a disadvantage if the lights suddenly switch off.