There’s enough slack in inventory data and additional stimulus in the pipeline to keep the economy growing for the next few quarters.

Discussing long-term headwinds is an interesting intellectual exercise, but it’s not going to make you a dime, or even a euro-cent. As investors, our mission isn’t to dig up new indicators to justify a long-term bearish position. The mission is to make money.

Investors will be scouring earnings releases and conference calls this quarter for any further evidence that companies are seeing a real turn in business conditions.

MLPs offer investors a simple value proposition: double-digit, tax-advantaged yields and strong recession-resistant growth potential.

Although natural gas prices recently hit a seven-year low on the spot market, the action in longer-dated futures and gas-related stocks suggests that a marked improvement is around the corner.

This marks the fifth straight monthly gain in LEI, one of the most impressive run-ups in the indicator in decades. On a year-over-year basis the LEI is up 1.9 percent, well into positive territory.

An interesting indicator to evaluate economic conditions is the weekly railcar loadings data released by the Association of American Railroads. This data tells us the quantity of goods and commodities being shipped over America’s freight railroads.

Two suggestions for the current market: Don’t ignore more defensive sectors in your zeal to participate in market upside, and don’t be afraid to sell some stocks.

As production from existing oilfields decline, producers will need to drill more aggressively and use more sophisticated production techniques to stem decline rates. And as production from easy-to-produce fields wanes, producers will be forced to target ever more complex fields such as those in the deepwater.

The US economy will see a few quarters of strong growth as we snap back from depressed conditions, but longer-term growth prospects remain subpar.