Update Economic USA Personal Income
Personal income increased $67.1 billion which was better than the previous month increase of $58.4 billion. Disposable personal income increased by $71.7 billion which was also better than the previous month of a $56.5 billion increase. The Personal Consumption Expenditure measure also increased by $7.3 billion which is the favorite measure of the current Federal Reserve. The personal savings rate increased 0.2 percentage points to 5.5% up from 5.3%. Personal income data was encouraging and not necessarily inflationary.
USA Stock Consideration Change Report
21st Century Fox and Under Armour become Buy considerations. Duke Realty, Liberty Property, Mid-American Apartments, NVR, Philip Morris, PS Business Parks, Roper Technology, LendingTree, TeleTech, and Waters move to Sell considerations.
Update Economic USA GDP
GDP or Gross Domestic Product is near the lower end of our forecast at 1.4%. As a comparison, we were at 2.1% GDP at the end of 2017. The economy has cooled slightly in the first quarter from a year ago, but confidence is high.
USA Stock Consideration Change Report
Abiomed, Aon Plc, Comcast move to Sell consideration. Barnes & Noble joins Buy consideration.
USA Stock Consideration Change Report
Kroger added to Buy Watch consideration. CoreSite Realty and Newmont Mining added to Sell consideration.