The online numbers are in, and they are impressive:

• Black Friday +5.03 billion, +16.9%
• Thanksgiving $2.87 billion, +18.3%
• Holiday Season (Nov 1 to Nov 24) $38.3 billion, +17.8%
• Cyber Monday $6.6 billion, +17.0% (estimate)

There is also evidence that brick and mortar retailers saw solid traffic and spending, which continues to bode well for the remainder of the holiday season.  We begin the week with the general acknowledgment that there are serious tailwinds in the economy, but the question is can it be derailed? Moreover, how do investors capitalize on a market that’s predicated on an economic revival?

Beyond Wall Street

All eyes are on Capitol Hill as we head into a December that really is make-or-break. 

• Tax Reform
• Debt Ceiling
• Spending Bill

President Trump will be pressing hard this week with personal appearances and pleas to get tax reform through, which could put the economic recovery into overdrive.

I continue to see a tax bill happening.  Although I would have preferred greater cuts for small businesses and all individuals getting a break, especially those that pay the most, at this point, a legislative win and boost for corporate America will benefit the entire nation.