JP Morgan economists "look for......>

US DATA PREVIEW: JP Morgan economists "look for 3.1% headline growth, with drags

from inventories and international trade obscuring a sizzling 4.7% gain in

domestic final sales" and expect "real consumption to grow 3.9% and equipment

spending 17.3%." JP Morgan said December durable goods "will likely show the

beginnings of some slowing in capital goods orders and shipments; we look for

core capital goods orders to be up 0.3% and headline durable goods orders up

0.6%." Due to better than expected domestic and foreign economic growth and data

amid an "absence of seasonal weakness that have plagued recent 1Qs" JP Morgan

has raised their "mid-year and year-end targets for 10-year Treasury yields to

2.70% and 2.85%, respectively."