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Everyone is underpricing this.
Overall ISM has now been in expansion for 2 months...
And we just had a MASSIVE beat on ISM services for Feb, coming in at 56.1, when only 53.8 was expected.
As I keep telling you all... we are in expansion.
But everyone is so bearish, they literally cannot see all the data showing its hand very clearly.
Every month I get someone tell me "next month it will drop"...
But it doesn't work like that.
Its cyclical.
We are expanding and to bet on a prolonged bear market in economic expansion is just stupid.