WSJ.com - Big Price Increases To Greet Summer Travelers

Families are traveling. Vacation spots have raised prices and even airlines are increasing rates. The average rate per seat mile is down 6.7%, way off the bottom and rising.

Vacations are almost pure discretionary spending. The fact that resorts are raising rates shows the economy is stronger than commonly perceived. The fed may need to raise short rates more but don't be frightened away from the market. Conventional wisdom is wrong again; rising short rates are positively correlated with rising stock prices. The biggest drops in the market occur after rates have been too high for too long, we are now living in the opposite world; rates have been too low for too long.

BUY THE BIG BULL! THE FROGS ARE GOING TO BOIL IF THEY DON'T JUMP!