If the smart people were honest, they’d say they really don’t know, from day to day, but one ne thing that helps investor sentiment, however, is a strong economy, and here are a couple of indicators of that.
The first is the survey of purchasing managers, the folks in charge of ordering the stuff for factories. This one shows purchasing managers at their most enthusiastic since 2014!
Then, there’s this, a measure of demand for outbound container rates from Shanghai. Boom!
