US economy misleading data

Posted: March 11, 2019 in Uncategorized

The latest reports on the US data point to a sharp slowdown.

While this could be the real case I would urge not to make assumptions.

January and February have had two large abnormalities.

The longest ever government shutdown. 35 days in which employees would economize and look for part time jobs.

The polar vortex. With temperature of -20 degrees definitely would not go out shopping unless it’s necessities. Definitely not for a new car (auto sales tanked).

So while it could be bad…it also could be the bottom. We simply do not know.

Calendar base (so not analysis) there is always a March low and a good April (April statistically is the best month for US equities).

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