Morning Commentary
The online numbers are in, and they are impressive:
There is also evidence that brick and mortar retailers saw solid traffic and spending, which continues to bode well for the remainder of the holiday season. We begin the week with the general acknowledgment that there are serious tailwinds in the economy, but the question is can it be derailed? Moreover, how do investors capitalize on a market that’s predicated on an economic revival?
+16.24% |
|
+16.25% |
|
+5.92% |
|
-9.88% |
|
+12.77% |
|
+18.61% |
|
+14.77% |
|
+18.39% |
|
+9.50% |
|
+33.37% |
|
+15.05% |
Beyond Wall Street
All eyes are on Capitol Hill as we head into a December that really is make-or-break.
President Trump will be pressing hard this week with personal appearances and pleas to get tax reform through, which could put the economic recovery into overdrive.
I continue to see a tax bill happening. Although I would have preferred greater cuts for small businesses and all individuals getting a break, especially those that pay the most, at this point, a legislative win and boost for corporate America will benefit the entire nation.
Comments |
The numbers look good but it cannot be good if all this spending is on credit cards. Tom Schaefer on 11/27/2017 10:44:56 AM |
not all credit card but enough to signal the kind of enthusiasm that moves the economic needle - there is substantial room for growth. CP Charles Payne on 11/27/2017 10:48:21 AM |
Tweet |
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4/24/2024 1:30 PM | Earnings Flood In |
4/24/2024 9:26 AM | BUYING THE DIP |
4/23/2024 1:25 PM | Bloom Off Rose |
4/23/2024 9:32 AM | WHAT HAPPENED TO THE BRAVADO? |
4/22/2024 1:22 PM | Pins and Needles |
4/22/2024 9:30 AM | LIVE BY THE SWORD … |
4/19/2024 1:20 PM | Fair Chunk of Rotation |
4/19/2024 9:35 AM | DON’T OVERREACT |
4/18/2024 1:37 PM | Didn’t Break Down |
4/18/2024 9:40 AM | MARKET OFF SCRIPT |
4/17/2024 1:59 PM | Facing Pressure |
4/17/2024 9:37 AM | POWELL STILL WANTS TO HELP |
4/16/2024 1:35 PM | Muted |
4/16/2024 9:42 AM | FEAR ARRIVES |
4/15/2024 1:17 PM | Making a Statement |
4/15/2024 9:45 AM | Equal Opportunity Drubbing |
4/12/2024 1:37 PM | Pressure Overall |
4/12/2024 9:42 AM | WHO YA GONNA CALL? |
4/11/2024 1:38 PM | No Urgency |
4/11/2024 9:27 AM | Tough Sledding |
4/10/2024 1:22 PM | Hang In There |
4/10/2024 9:51 AM | HERE COMES THE LATEST RATIONALE FOR PERSISTENT INFLATION |
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