“Davidson” submits:
Real Retail and Food Svc Sales post new high with revisions higher for past months. Little market response to this report with a couple advisors predicting today’s market at a top with a recession imminent. Last week the Household Survey posted a new high on the heels of a new high for Trucking Tonnage.
With economic data like this, there is simply no recession in sight. Equities should track higher.