Posted: 12 Oct 2011 09:41 AM PDT
Outside of official government reports, many like to look at transport metrics such as railroad and port data. Obviously to dictate the health of the U.S., imports are going to say a lot more than exports. Based on August port traffic (ahead of the holiday season) it appears 2011 is not going to be as rosy at 2010.
Posted: 12 Oct 2011 08:10 AM PDT
Back in 2007 (while the market was still "forecasting" rosy times) [Dec 6, 2007: Target Shoppers Turning into Walmart Shoppers] and first half 2008, the stock of Walmart (WMT) really took off. This was part of our ';pooring of America' theme, as I opined the U.S. consumer was finally going to take a massive hit without the house ATM to rely on. Let's not read 'too much' into it yet, but Walmart is out this morning with a quite positive business review - and the stock seems to be breaking out. If the Main Street economy is improving, you don't want to see a pick up in sales at Walmart.
from Fund my Mutual Fund