The Traderszone Network

“Fast Money” traders picked their favorite consumer stocks in a recently sluggish market.

Japanese February data out now for …
Overall Household Spending y/y for February,  +1.2%
– expected -1.9%, prior was -3.1%
– This has been a fairly consistently disappointing figure for the administration, slow wage growth is holding back household consumption … but a better result today, a beat on prior and expected

Submitted by Jacob Bojesson via DailyCaller.com,

Several European countries have erected fences to keep migrants out, and, according to the numbers, every case appears to have a large impact.

Hungary was a popular pathway for refugees on their way to Germany during the fall. When the daily illegal border crossings were at 7,000 per day, Prime Minister Viktor Orban decided to erect a fence along the border to Serbia and Croatia.

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After March 16’s dovish statement, several Fed officials surprised markets by saying a rate hike could be coming soon.

Morning note from Westpac on the Australian dollar
Sean Callow notes (bolding mine):
– Friday’s Commitment of Traders report revealed another week of increased AUD bullishness among speculators in futures markets
–

Jim Cramer dishes on what steps to take, and what to avoid, when it comes to your retirement.

Dear Tim Cook, the DoJ and FBI will no longer require your assistance in unlocking the iPhone of Syed Farook who, along with his wife Tashfeen Malik, murdered more than a dozen people at an employee holiday party in San Bernardino last December. 

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