Financial markets traded largely on a reprieve from the prior weeks’ selling. As a result, foreign stocks and bonds sold off and buying was directed to US stocks and bonds. The Fed helped that sentiment saying that tariff inflation can be transitory and it still expects two more rate cuts sometime this year. Meanwhile, the hard economic data showed manufacturing still climbing out of its recessionary levels of the past two years. Housing was holding in with increases in New Home Starts and Existing Home Sales for February. The consumer is holding in with February Core Retail Sales up on the month and up 3.47% year over year. Overseas, Germany is sustaining its rebound with January Retail Sales reporting a further increase. Meanwhile, China continues to...... (click for more)