“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 of 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.

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