Time once again to get really grounded in our view of the
U.S. economy using the most non-partisan economic report I can think of: A
check of actual port traffic coming in from Asia via the US west coast. I
won’t spoil the surprise by telling you what to expect, we’ll just roll with
data, as always. Meantime, we also have a dandy ChartPack update which
features a sizeable bounce that we anticipated in last week’s report. But
first, deck the halls with boughs of coffee…time to welcome this morning’s
second cup of Mrs. Olson’s half-caf and get on to our First Things topic…