With all of those kinds of reports, we're also very likely to see the equity markets perform just as nicely. Why not? If you have consumers who are seeing an increasing income rate and confidence rate push the service sector (You know, that sector that represents 65% of our economy) then it's only natural to see higher revenues for companies.
The only thorn in the thesis is that continually nagging statement that comes up just about every time that a Fed member speaks: Resource utilization. If our resource utilization is as high as it is right now (unemployment is sitting at 4.5%), then wouldn't an economy poised to grow even more call into question the the Fed's next move?
So many are looking for a cut from the Fed. No way. If our resources are already pushed beyond full potential, then any continued growth in our economy is going to push said resource utilization even more. The Fed will sit on their hands for some time to come. But, their next move could very easily be more interest rate increases. Gulp.