While it's ending on a down note, we thought it was worth highlighting the trend of less weaker than expected economic reports this week. As shown below, of the twelve reports released this week, only three were weaker than the consensus forecast. While none of these reports can be classified as 'good', the fact that they are beating expectations is a positive sign. The next test will come next week when we get the first look at reports for the month of March. Will the relative strength follow through, or was the recent string of reports just an aberration?
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