Economic data this morning certainly is not pointing to a recession caused by the trade war with China. It is definitely looking like the media is more worried about the trade war than the consumer. A Commerce Department report this morning showed retail sales increased more than expected in June. As well a Federal Reserve report showed domestic manufacturing output jump higher again in June, marking the second straight month of gains.
Here are more trades this morning that were also outlined in my morning Investing Strategy Notes from today.
The rest of this trade alert and ideas article is for FullyInformed Members.
Still More Morning Trade Alerts and Ideas for Jul 16 2019
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Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk.
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