.... And Speaking of The Dismal Jobs Report Today ...

Not just bullish, but wildly bullish

Most investors have probably heard of Meredith Whitney, perhaps best described as Debbie Downer of Wall Street.

CNBC talking head noted "an area where she's wildly bullish":

"I am wildly bullish on the U.S. in particular markets...I think the U.S. market looks terrific (though) as a collective the U.S. market is not going to grow all together," she said during a "Closing Bell" interview.

"There's opportunity from Texas all the way up to North Dakota, and you can play every industry on that basis," she added. "It's the agriculture-commodity belt — also the Right to Work states. That's where businesses are moving because it's easier to operate and create jobs. So you see a massive demographic shift to those areas."

Those are her words, not mine.

A huge "thank you" to Don for sending me this little nugget. 

Her comments sound a lot like the post of January 21, 2011 (more than a year ago) when "we" compared North Dakota and Minnesota. If you go to the link, scroll down to the "original post."

The nut of that post:

For one thing, a very well-respected company and, should we say, an icon of Minnesota has recently expanded, building three new plants on the North Dakota side of the border. Warroad-based Marvin Windows and Doors has opened North Dakota plants in Fargo, West Fargo and Grafton.

• Marvin’s John Kirchner explained why the firm expanded to North Dakota in the last several years: “The regulatory and tax climate in North Dakota ... tend to be more friendly toward the business." 

Also, Kirchner said, it takes too long to get state permits, delaying expansion plans. While pledging that “we are not going to walk away from Minnesota” and saying Warroad will remain Marvin’s home and biggest factory, North Dakota is a good location for company manufacturing plants, he said.

 I'm not going to take the time to link it, but the biggest news coming out of Minnesota in the last week or so, is a Minnesota senator joking about the state capitol at Bismarck -- the building, not the politics. I guess that's about all some have to offer.