Bullish ISM data and some thoughts on stall speed

The February 2019 Non-Manufacturing ISM data were very bullish. Both the headline and the major subindices showed a lot of strength. And for me that indicates the 0.3% number on the Atlanta Fed GDPNow tracker will move up markedly as more data become available. Some expanded thoughts below

Is this re-acceleration?

Here's the chart of the data.

ISM NMI 2019-02.png

The big ques…

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