Everything suggests that we've reached the mid-winter nadir. All I see right now? Blue skies as far as I can see. Don't bother me with details or facts. LOL.
Most important data point today for investors bullish on America:
EIA petroleum report, link here:
- jet
fuel supplied: up an astounding 6.2%, y/y -- and this is the slow
season for flying; only ones flying at this time -- business travelers. In this week's EIAWPR nothing else matters. Period. Dot.
Most amazing chart, link here:
Unemployment claims, today, link here:
Birkenstock, link here:
Investors unhappy, stock falls, but the resilience of the American consumer:
Demand for Birkenstock's footwear, which retails for as much as $350 a pair, has remained resilient and the company has also benefited from efforts to boost sales through its own website and stores.
My favorite chart, link here and here:
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