and you trust those guys orlando? since when do MD's paint a negative picture? I've never yet seen one do it!! not for their own industry or firm at least.
economic data is just as important, if not more so, than company performance, since company performance is a lagging indicator, however, some of the economic data are leading indicators, and some of them lead by a good 6-12 months. pays to be wary of that.
when it trickles down to company reports it can sometimes be a bit late to get out.
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