Stumbling Out Of The Gates

Last week it was Fastenal. Today it is W.W. Grainger. And adding salt to the wound, the latest figures for U.S. industrial production were less than encouraging. The U.S. stock market needs a strong industrial sector to deliver on the promising earnings growth acceleration projected for 2017, but the sector is already stumbling out of the gates.

Please click on the link to read more of my article on Seeking Alpha.

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