While the debate rages on in the news media over just how close the U.S. economy is to entering a recession, the economy itself is sending a powerful message. Several measures of the service sector and consumer spending are telling a story of growing confidence and spending power among the working class. In today’s report we’ll review the signs which support a continuation of the equity bull market in the coming months.
Weak manufacturing data has commanded headlines lately and has served to convince many investors that troubled times lie ahead for the economy. The