Eight Reasons There Won't Be a Recession

This was originally posted at 8:15 a.m. EST on RealMoney. Vincent Farrell Jr. and a whole cadre of contributors post every day on RealMoney. Click here for a free trial.

Let me give you a list of reasons why we won't have a recession. Lots of these ideas came from Ed Hyman at ISI, some are from Jason Trennert at Strategas, and some I figured out myself.

Oh, before I start, my granddaughter Lola Jane, Uncle Dougie Kass' honorary niece, has noticed I have not mentioned her for a few emails. Even at 17 months of age, she is not to be messed with, so Lola Jane, this one is for you. (And it is true that I read Doug's missives to her, but only when she won't sleep.)

1. The four-week moving average of unemployment claims, which come out later today, have been bumping around 350,000. At 400,000, we will probably be at 0% growth, so claims are still showing sluggish economic growth. The monthly Bureau of Labor Statistics jobs report is still showing job growth, and the last recession saw more than 200,000 job losses per month. ...