A Gap Within Enthusiasm And Results Is Opening In The US Economy

A Gap Within Enthusiasm And Results Is opening In The US economy

Morgan Stanley Finds A “Stunning Divergence” In The Economic Data
“Upside surprises appear to be completely driven by the soft data while hard data are simply coming in about as expected.”… we would not necessarily expect ‘hard data’ surprise indices to start racing higher if the factors behind the 2Q growth rebound remain narrowly confined to a few sectors as we expect…”
A gap within enthusiasm and results is opening in the US economy following the election of Donald Trump.

 

http://www.zerohedge.com/news/2017-03-28/morgan-stanley-finds-stunning-divergence-economic-data