2) European economic data continues to show improvement. Manufacturing index is at a 6 year high.
3) US Federal Reserve member speeches suggest increasing odds of a March 15th rate increase (to 71%).
In a nutshell, forecasts for 1st quarter US GDP will likely be revised lower.
That might not be a good combination: lower than expected economic growth, postponed tax reduction and the Fed raising interest rates.
But at the moment that does not seem to be phasing the equity markets.
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