colin,
I reckon the better employment data (which is all b/s btw cos jobs created are all part time, more to it than that so don't get me started lol) is partly factored in to the POG and after the initial knee jerk, it'll start back north again cos you can't fool all of the people all of the time.
Don't hold me to it though, you're probably right and I'm in denial.
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