TheCuriousInvestor's take on recent good results by Walmart, Costco, and Target. It's a quasi-rebuttal to the article I posted here - > http://www.feedthebull.com/content/economic-stimulus-checks-help-retaile....

A separate report from the Commerce Department showed spending on building projects fell less than forecast in February. The 0.3 percent decrease followed a revised 1 percent drop in January that was smaller than previously estimated.

One thing which gets lost in all the talk about stimulation packages, consumer spending and increased spending in growth sectors is the positive impact of reduced spending...

U.S. Economic data in the first week of the New Year spelled T-R-O-U-B-L-E for both the US economy and the stock market. The December ISM report on January 2nd showed the manufacturing sector joining the housing and financial sectors already in recessionary territory.