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?

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