US Equity and Economic Review: The Market is Setting Up For Another Rise

     This week’s U.S. economic releases were uniformly bullish.  The strong year over year numbers contained in the personal consumption expenditures report indicate the U.S. consumer continues to spend at strong rates.  Because this represents 70% of U.S. growth, the economy should continue to grow at least modestly.  But the strong readings from the ISM manufacturing and service numbers potentially indicate a pick-up in business activity as we enter the 2nd month of 2017. 

Source: XE news feed
US Equity and Economic Review: The Market is Setting Up For Another Rise