Wednesday's online headline from CNBC's incessant Street cheerleader, Larry Kudlow:

“Recovery Indicators Are Being Ignored”

This afternoon's headline from WSJ.com:

“Recession Job Losses Top Four Million”

The Journal lead:

The U.S. economy continues to hemorrhage jobs at monthly rates not seen in six decades, a government report showed, signaling that there's still no end in sight to the severe recession that has already cost the U.S. over four million jobs.

But yes, by all means listen to Kudlow.