Month-over-month retail sales data was surprisingly good, but it's too soon to call it a comeback.
Markets this week were little changed, with stocks basically flat and interest rates slightly higher. Even European and emerging markets made little net progress for the week.
Corporate earnings news continued to disappoint: This week it was Campbell's Soup (CPB), Target (TGT), Dollar Tree (DLTR), and Abercrombie & Fitch (ANF). In fairness, there were some very good reports, too, such as Home Depot (HD) and Deere & Co. (DE).
Robert Johnson, CFA does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.