Monday, March 3, 2014
Slightly less boring news
Keep selling the S&P, guys!
Calculated Risk - personal income increased 0.3% in January. All that good news you're missing!
Calculated Risk - ISM increased in February. BTW, Warren Buffett owns a railroad, didja know? And he confirmed today in an interview that the snow and the cold does really disrupt railroads.
Calculated Risk - construction spending increased in January. Still worried? He noted "private residential spending usually leads the economy, so this is a good sign going forward". But no, go listen to that blogger calling for a top this summer who's never heard of a leading indicator.
Bespoke - Ford F-series truck sales rebound. As noted, this is a loose proxy for the construction sector. Still worried about an impending top in the S&P?