Dismal Data Sends Stocks To Record Highs As Short Interest Collapses To 2007 Lows

Overheard everywhere today…
Stocks (Dow and S&P) hit record intraday highs… (must mean everything is awesome, right?)
With Nasdaq’s best week of 2017…So clearly, unlike The Leftists, Trump Jr’s email means absolutely nothing…
BUT…
This morning’s terrible retail sales and inflation data sent ‘hard’ data to new post-Trump lows – lowest since May 2015 – as ‘soft’ data clings to hope once again, sending ‘animal spirits’ back near record highs…

This post was published at Zero Hedge on Jul 14, 2017.