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If we were off to the races in January, February put the brakes to that. In this topsy-turvy market, nothing sucks the life out of a rally quite like good economic news. And we got some.
The Good News
The Good News
- Consumer spending surged 1.8% in January from the previous month, with retail sales showing the biggest increase in nearly two years. And consumer spending drives the economy, so that’s good. Right?