{"id":219498,"date":"2025-03-06T09:45:00","date_gmt":"2025-03-06T14:45:00","guid":{"rendered":"https:\/\/ibkrcampus.com\/campus\/?p=219498"},"modified":"2025-03-13T14:52:48","modified_gmt":"2025-03-13T18:52:48","slug":"marchs-interim-data-highlights","status":"publish","type":"post","link":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/macro\/marchs-interim-data-highlights\/","title":{"rendered":"March\u2019s Interim Data Highlights: Economic Clues from Costco, Taiwan Semi, and Brokers"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Investors are on edge about what tariff policy means for markets<\/li>\n\n\n\n<li>Coming off a strong Q4 earnings season, fresh February corporate sales figures can help assess the macro situation<\/li>\n\n\n\n<li>We focus on the consumer, the chips industry, and what a host of asset managers may reveal as interim data reports roll in<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Volatility is back in town. Tariff jitters and concerns about growth and inflation have resulted in an S&amp;P 500\u00ae dip and the Cboe Volatility Index (VIX) jumping above 20. Investors grapple with a very sanguine backdrop painted by the fourth-quarter earnings season and policy uncertainty. With NVIDIA\u2019s (NVDA) report last week, Q4 boasted the best bottom-line growth rate for the S&amp;P 500 since 2021.<sup>1<\/sup>&nbsp;Moreover, CEOs are&nbsp;<a href=\"https:\/\/www.wallstreethorizon.com\/blog\/Earnings-Season-Wraps-Up-US-CEOs-Signal-Highest-Confidence-in-Two-Years\">the most confident<\/a>&nbsp;(by the Wall Street Horizon&nbsp;<a href=\"https:\/\/www.wallstreethorizon.com\/late-earnings-report-index\">Late Earnings Report Index&nbsp;<\/a>or LERI) in two years despite unknowns on trade, taxes, and tariffs.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Consumers do not appear to be feeling as upbeat, though. Just take a look at recent gauges. The University of Michigan\u2019s Consumer Sentiment dropped 10% in its latest look amid household concerns that President Trump\u2019s tariffs would bring about another inflation wave.<sup>2<\/sup>&nbsp;Then, last week, The Conference Board largely backed up what UMich signaled. According to that report (which is more tied to labor market conditions than inflation), household vibes dropped by the most since 2021.<sup>3<\/sup><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-from-froth-to-fear\"><strong>From Froth to Fear<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Uncertainty has crept into investors\u2019 psyche, too. The weekly survey published by the American Association of Individual Investors (AAII) tallied the third-highest number of net bears since the 2008 Great Financial Crisis.<sup>4<\/sup>&nbsp;It\u2019s a sharp turnaround from frothy feelings about stock prices around the turn of the year.<sup>5<\/sup>&nbsp;The CNN Fear and Greed Index notched \u201cextreme fear\u201d after the market sell-off last Thursday as well.<sup>6<\/sup>&nbsp;But it\u2019s important to call out that the most intense downside since mid-February has come from the momentum factor, not a broad washout across the 11 sectors.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>CEOs Still Upbeat<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">So, we enter the final month of the first quarter at an interesting crossroads. The hard economic data is not bad by any means, but confidence both among households and investors has taken a gut punch. The LERI and The Conference Board\u2019s CEO Confidence Index are encouraging, but we\u2019ve yet to see the much-anticipated wave of M&amp;A, IPOs, and big-time CAPEX (ex-the AI hyperscalers) so far in 2025.<sup>7<\/sup><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">We might get the first breadcrumbs on how the year progresses via interim data reported by some of the world\u2019s most important bellwether companies over the next two weeks. Between earnings seasons, there\u2019s plenty of data to parse from monthly sales reports, production numbers, AUM totals, and activity highlights.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This week, we highlight a handful of such firms that may alleviate macro worries, or make recession chatter grow louder.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>March 6: Costco (COST) February Sales Results<br><\/strong>If you are on the hunt for signs of an economic slowdown, you won\u2019t find them in Costco\u2019s wide aisles. A month ago, the $454 billion market cap Consumer Staples company reported a strong 9.8% jump in January sales (excluding gas and foreign exchange) as shoppers remain focused on value.<sup>8<\/sup>&nbsp;Last December, Costco beat on the top and bottom lines with total company adjusted comparable sales growth of 7.1% in its fiscal first quarter.<sup>9<\/sup><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">We\u2019ll get February comp-store sales figures this Thursday after the bell along with full fiscal&nbsp;<a href=\"https:\/\/www.wallstreethorizon.com\/costco-earnings-calendar\">Q2 results<\/a>. Soft top-line numbers will likely fuel macro worries, but another strong report could keep the market bears at bay. This will be a particularly important earnings report, but the value of interim data\u2014the February sales update\u2014is particularly high this go around.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>March 10: Taiwan Semiconductor (TSM) Monthly Revenue Report<br><\/strong>The consumer situation is key for US markets, but there\u2019s uncertainty about the state of semiconductors. NVIDIA reported solid figures last week, but shares tumbled by more than 8% in the session after the release\u2014the worst earnings reaction in at least the last three years, according to Option Research &amp; Technology Services.<sup>10<\/sup><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">From an industry price-action perspective, the VanEck Semiconductor ETF (SMH) plunged 6% in the wake of NVIDIA\u2019s Q4 report, one of its biggest drops in the last several years. More volatility could come about early next week when Taiwan Semi announces February net revenue. January\u2019s 5.4% net sales increase was received fine by Wall Street, but TSM shares, like NVDA, are down notably to begin 2025.<sup>11<\/sup><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>March 11-19: Asset Manager Updates<br><\/strong>After glimpses at the consumer and the chip industry, interim reports from major financial services companies and brokerage firms begin rolling in. Invesco Ltd (IVZ) is the first notable one on March 11, and its February AUM report could reveal another healthy period of client inflows and AUM growth thanks to stellar market returns.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">From February 1, 2024, the S&amp;P 500 returned more than 20% through the end of last month. International stocks have made a nice comeback recently, helping the ex-US equity index to post low double-digit returns over the same period. The aggregate bond market delivered a modest gain, too. For Invesco, the $7.7 billion market cap Financials sector company hopes to build on January\u2019s 3.1% January AUM rise.<sup>12<\/sup><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">T. Rowe Price (TROW) publishes its February AUM report the following day, Charles Schwab (SCHW) serves up its monthly Activity Highlights report on March 14, and Raymond James (RJF) reports February Operating Data on March 19. Each update could underscore that while uncertainty exists on the global economic outlook, investors have benefitted from rising asset prices in the past year.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>The Bottom Line<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Markets enter (perhaps \u201cstumble into\u201d is a better characterization) March amid anxiety about the durability of GDP growth and the chance of an inflation increase. Despite a gangbuster earnings season in the rearview mirror, eyes are focused on what lies ahead. Investors must analyze the very latest company data trends to decipher signal from noise. Costco, Taiwan Semiconductor, and a slew of brokerage houses could offer leading indicators of how the global economic situation unfolds.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8212;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Originally Posted on March 6, 2025 &#8211; <a href=\"https:\/\/www.wallstreethorizon.com\/blog\/Marchs-Interim-Data-Highlights-Economic-Clues-from-Costco-Taiwan-Semi-and-Brokers\">March\u2019s Interim Data Highlights: Economic Clues from Costco, Taiwan Semi, and Brokers<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">1 Earnings Insight, FactSet, John Butters, February 28, 2025,&nbsp;<a href=\"https:\/\/advantage.factset.com\/hubfs\/Website\/Resources%20Section\/Research%20Desk\/Earnings%20Insight\/EarningsInsight_022825.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/advantage.factset.com<\/a><br>2 Dow drops 700 points for worst day of 2025 so far on new fears about economic growth: Live updates, CNBC, Brian Evans, February 21, 2025,&nbsp;<a href=\"https:\/\/www.cnbc.com\/2025\/02\/20\/stock-market-today-live-updates.html\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.cnbc.com<\/a><br>3 February consumer confidence posts biggest drop since 2021 in latest sign of slowing economy, CNBC, Jeff Cox, February 25, 2025,&nbsp;<a href=\"https:\/\/www.cnbc.com\/2025\/02\/25\/february-consumer-confidence-comes-in-lighter-than-expected-in-latest-sign-of-slowing-economy.html\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.cnbc.com<\/a><br>4 AAII Bulls &#8211; AAII Bears, StockCharts, February 28, 2025,&nbsp;<a href=\"https:\/\/schrts.co\/WXfGtVJQ\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/schrts.co<\/a><br>5 Investors have never been more confident that stock prices will appreciate, CNBC, Fred Imbert, December 3, 2024,&nbsp;<a href=\"https:\/\/www.cnbc.com\/2024\/12\/03\/investors-have-never-been-more-confident-of-rising-stock-prices.html\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.cnbc.com<\/a><br>6 Fear &amp; Greed Index, CNN Business, February 28, 2025,&nbsp;<a href=\"https:\/\/www.cnn.com\/markets\/fear-and-greed\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.cnn.com<\/a><br>7 CEO Confidence Increased Sharply in Q1 2025, The Conference Board, February 20, 2025,&nbsp;<a href=\"https:\/\/www.conference-board.org\/topics\/CEO-Confidence\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.conference-board.org<\/a><br>8 Costco Wholesale Corporation Reports January Sales Results, Costco, February 5, 2025,&nbsp;<a href=\"https:\/\/investor.costco.com\/news\/news-details\/2025\/Costco-Wholesale-Corporation-Reports-January-Sales-Results\/default.aspx\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/investor.costco.com<\/a><br>9 Costco beats on earnings as e-commerce sales jump, CNBC, Melissa Repko, December 12, 2024,&nbsp;<a href=\"https:\/\/www.cnbc.com\/2024\/12\/12\/costco-cost-earnings-q1-2025-earnings.html\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.cnbc.com<\/a><br>10 NVDA, ORATS, February 28, 2025,&nbsp;<a href=\"https:\/\/dashboard.orats.com\/analyzer\/earnings?ticker=NVDA\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/dashboard.orats.com<\/a><br>11 TSMC January 2025 Revenue Report and the Statement on the Impact of Earthquake, TSMC, February 10, 2025,&nbsp;<a href=\"https:\/\/pr.tsmc.com\/english\/news\/3204\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/pr.tsmc.com<\/a><br>12 Invesco Ltd. Announces January 31, 2025 Assets Under Management, Invesco Ltd., February 11, 2025,&nbsp;<a href=\"https:\/\/invesco2021tf.q4web.com\/news\/news-details\/2025\/Invesco-Ltd.-Announces-January-31-2025-Assets-Under-Management\/default.aspx\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/invesco2021tf.q4web.com<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Investors are on edge about what tariff policy means for markets.<\/p>\n","protected":false},"author":586,"featured_media":219503,"comment_status":"open","ping_status":"closed","sticky":true,"template":"","format":"standard","meta":{"_acf_changed":true,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[18,6,8,9,22,26,3],"tags":[1576,2884,18686,18685,18684],"contributors-categories":[13636],"class_list":["post-219498","post","type-post","status-publish","format-standard","has-post-thumbnail","category-macro","category-north-america","category-region","category-securities","category-stocks","category-text-articles","category-traders-insight","tag-consumer-sentiment","tag-equity-market","tag-interim-data","tag-semiconductor-industry","tag-tariff-policy","contributors-categories-wall-street-horizon"],"pp_statuses_selecting_workflow":false,"pp_workflow_action":"current","pp_status_selection":"publish","acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.9 (Yoast SEO v28.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>March\u2019s Interim Data Highlights: Economic Clues from Costco, Taiwan Semi, and Brokers<\/title>\n<meta name=\"description\" content=\"Investors are on edge about what tariff policy means for markets.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.interactivebrokers.com\/campus\/wp-json\/wp\/v2\/posts\/219498\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"March\u2019s Interim Data Highlights: Economic Clues from Costco, Taiwan Semi, and Brokers | IBKR Campus US\" \/>\n<meta property=\"og:description\" content=\"Investors are on edge about what tariff policy means for markets.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/marchs-interim-data-highlights\/\" \/>\n<meta property=\"og:site_name\" content=\"IBKR Campus US\" \/>\n<meta property=\"article:published_time\" content=\"2025-03-06T14:45:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-03-13T18:52:48+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2025\/03\/Marchs-Interim-Data-Highlights-1920-x-1080-px-1.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1080\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Christine Short\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Christine Short\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\n\t    \"@context\": \"https:\\\/\\\/schema.org\",\n\t    \"@graph\": [\n\t        {\n\t            \"@type\": \"NewsArticle\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/marchs-interim-data-highlights\\\/#article\",\n\t            \"isPartOf\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/marchs-interim-data-highlights\\\/\"\n\t            },\n\t            \"author\": {\n\t                \"name\": \"Christine Short\",\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/person\\\/abc12775791de999262b4ab21ec2ce51\"\n\t            },\n\t            \"headline\": \"March\u2019s Interim Data Highlights: Economic Clues from Costco, Taiwan Semi, and Brokers\",\n\t            \"datePublished\": \"2025-03-06T14:45:00+00:00\",\n\t            \"dateModified\": \"2025-03-13T18:52:48+00:00\",\n\t            \"mainEntityOfPage\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/marchs-interim-data-highlights\\\/\"\n\t            },\n\t            \"wordCount\": 1221,\n\t            \"commentCount\": 0,\n\t            \"publisher\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#organization\"\n\t            },\n\t            \"image\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/marchs-interim-data-highlights\\\/#primaryimage\"\n\t            },\n\t            \"thumbnailUrl\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2025\\\/03\\\/Marchs-Interim-Data-Highlights-1920-x-1080-px-1.png\",\n\t            \"keywords\": [\n\t                \"consumer sentiment\",\n\t                \"equity market\",\n\t                \"interim data\",\n\t                \"semiconductor industry\",\n\t                \"tariff policy\"\n\t            ],\n\t            \"articleSection\": [\n\t                \"Macro\",\n\t                \"North America\",\n\t                \"Region\",\n\t                \"Securities\",\n\t                \"Stocks\",\n\t                \"Text Articles\",\n\t                \"Traders' Insight\"\n\t            ],\n\t            \"inLanguage\": \"en-US\",\n\t            \"potentialAction\": [\n\t                {\n\t                    \"@type\": \"CommentAction\",\n\t                    \"name\": \"Comment\",\n\t                    \"target\": [\n\t                        \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/marchs-interim-data-highlights\\\/#respond\"\n\t                    ]\n\t                }\n\t            ]\n\t        },\n\t        {\n\t            \"@type\": \"WebPage\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/marchs-interim-data-highlights\\\/\",\n\t            \"url\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/marchs-interim-data-highlights\\\/\",\n\t            \"name\": \"March\u2019s Interim Data Highlights: Economic Clues from Costco, Taiwan Semi, and Brokers | IBKR Campus US\",\n\t            \"isPartOf\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#website\"\n\t            },\n\t            \"primaryImageOfPage\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/marchs-interim-data-highlights\\\/#primaryimage\"\n\t            },\n\t            \"image\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/marchs-interim-data-highlights\\\/#primaryimage\"\n\t            },\n\t            \"thumbnailUrl\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2025\\\/03\\\/Marchs-Interim-Data-Highlights-1920-x-1080-px-1.png\",\n\t            \"datePublished\": \"2025-03-06T14:45:00+00:00\",\n\t            \"dateModified\": \"2025-03-13T18:52:48+00:00\",\n\t            \"description\": \"Investors are on edge about what tariff policy means for markets.\",\n\t            \"inLanguage\": \"en-US\",\n\t            \"potentialAction\": [\n\t                {\n\t                    \"@type\": \"ReadAction\",\n\t                    \"target\": [\n\t                        \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/marchs-interim-data-highlights\\\/\"\n\t                    ]\n\t                }\n\t            ]\n\t        },\n\t        {\n\t            \"@type\": \"ImageObject\",\n\t            \"inLanguage\": \"en-US\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/marchs-interim-data-highlights\\\/#primaryimage\",\n\t            \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2025\\\/03\\\/Marchs-Interim-Data-Highlights-1920-x-1080-px-1.png\",\n\t            \"contentUrl\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2025\\\/03\\\/Marchs-Interim-Data-Highlights-1920-x-1080-px-1.png\",\n\t            \"width\": 1920,\n\t            \"height\": 1080,\n\t            \"caption\": \"March\u2019s Interim Data Highlights: Economic Clues from Costco, Taiwan Semi, and Brokers\"\n\t        },\n\t        {\n\t            \"@type\": \"WebSite\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#website\",\n\t            \"url\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/\",\n\t            \"name\": \"IBKR Campus US\",\n\t            \"description\": \"Financial Education from Interactive Brokers\",\n\t            \"publisher\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#organization\"\n\t            },\n\t            \"potentialAction\": [\n\t                {\n\t                    \"@type\": \"SearchAction\",\n\t                    \"target\": {\n\t                        \"@type\": \"EntryPoint\",\n\t                        \"urlTemplate\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/?s={search_term_string}\"\n\t                    },\n\t                    \"query-input\": {\n\t                        \"@type\": \"PropertyValueSpecification\",\n\t                        \"valueRequired\": true,\n\t                        \"valueName\": \"search_term_string\"\n\t                    }\n\t                }\n\t            ],\n\t            \"inLanguage\": \"en-US\"\n\t        },\n\t        {\n\t            \"@type\": \"Organization\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#organization\",\n\t            \"name\": \"Interactive Brokers\",\n\t            \"alternateName\": \"IBKR\",\n\t            \"url\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/\",\n\t            \"logo\": {\n\t                \"@type\": \"ImageObject\",\n\t                \"inLanguage\": \"en-US\",\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/logo\\\/image\\\/\",\n\t                \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2024\\\/05\\\/ibkr-campus-logo.jpg\",\n\t                \"contentUrl\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2024\\\/05\\\/ibkr-campus-logo.jpg\",\n\t                \"width\": 669,\n\t                \"height\": 669,\n\t                \"caption\": \"Interactive Brokers\"\n\t            },\n\t            \"image\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/logo\\\/image\\\/\"\n\t            },\n\t            \"publishingPrinciples\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/about-ibkr-campus\\\/\",\n\t            \"ethicsPolicy\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/cyber-security-notice\\\/\"\n\t        },\n\t        {\n\t            \"@type\": \"Person\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/person\\\/abc12775791de999262b4ab21ec2ce51\",\n\t            \"name\": \"Christine Short\",\n\t            \"description\": \"Christine Short, Head of Global Corporate Events Research, is focused on publishing research on Wall Street Horizon event data covering 9,500 global equities in the marketplace. Over the past 15 years in the financial data industry, her research has been widely featured in financial news outlets including regular appearances on networks such as CNBC, Fox Business and Yahoo Finance to talk corporate earnings and the economy.\",\n\t            \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/author\\\/christine-short\\\/\"\n\t        }\n\t    ]\n\t}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"March\u2019s Interim Data Highlights: Economic Clues from Costco, Taiwan Semi, and Brokers","description":"Investors are on edge about what tariff policy means for markets.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.interactivebrokers.com\/campus\/wp-json\/wp\/v2\/posts\/219498\/","og_locale":"en_US","og_type":"article","og_title":"March\u2019s Interim Data Highlights: Economic Clues from Costco, Taiwan Semi, and Brokers | IBKR Campus US","og_description":"Investors are on edge about what tariff policy means for markets.","og_url":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/marchs-interim-data-highlights\/","og_site_name":"IBKR Campus US","article_published_time":"2025-03-06T14:45:00+00:00","article_modified_time":"2025-03-13T18:52:48+00:00","og_image":[{"width":1920,"height":1080,"url":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2025\/03\/Marchs-Interim-Data-Highlights-1920-x-1080-px-1.png","type":"image\/png"}],"author":"Christine Short","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Christine Short","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/marchs-interim-data-highlights\/#article","isPartOf":{"@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/marchs-interim-data-highlights\/"},"author":{"name":"Christine Short","@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/person\/abc12775791de999262b4ab21ec2ce51"},"headline":"March\u2019s Interim Data Highlights: Economic Clues from Costco, Taiwan Semi, and Brokers","datePublished":"2025-03-06T14:45:00+00:00","dateModified":"2025-03-13T18:52:48+00:00","mainEntityOfPage":{"@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/marchs-interim-data-highlights\/"},"wordCount":1221,"commentCount":0,"publisher":{"@id":"https:\/\/ibkrcampus.com\/campus\/#organization"},"image":{"@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/marchs-interim-data-highlights\/#primaryimage"},"thumbnailUrl":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2025\/03\/Marchs-Interim-Data-Highlights-1920-x-1080-px-1.png","keywords":["consumer sentiment","equity market","interim data","semiconductor industry","tariff policy"],"articleSection":["Macro","North America","Region","Securities","Stocks","Text Articles","Traders' Insight"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ibkrcampus.com\/campus\/traders-insight\/marchs-interim-data-highlights\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/marchs-interim-data-highlights\/","url":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/marchs-interim-data-highlights\/","name":"March\u2019s Interim Data Highlights: Economic Clues from Costco, Taiwan Semi, and Brokers | IBKR Campus US","isPartOf":{"@id":"https:\/\/ibkrcampus.com\/campus\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/marchs-interim-data-highlights\/#primaryimage"},"image":{"@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/marchs-interim-data-highlights\/#primaryimage"},"thumbnailUrl":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2025\/03\/Marchs-Interim-Data-Highlights-1920-x-1080-px-1.png","datePublished":"2025-03-06T14:45:00+00:00","dateModified":"2025-03-13T18:52:48+00:00","description":"Investors are on edge about what tariff policy means for markets.","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ibkrcampus.com\/campus\/traders-insight\/marchs-interim-data-highlights\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/marchs-interim-data-highlights\/#primaryimage","url":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2025\/03\/Marchs-Interim-Data-Highlights-1920-x-1080-px-1.png","contentUrl":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2025\/03\/Marchs-Interim-Data-Highlights-1920-x-1080-px-1.png","width":1920,"height":1080,"caption":"March\u2019s Interim Data Highlights: Economic Clues from Costco, Taiwan Semi, and Brokers"},{"@type":"WebSite","@id":"https:\/\/ibkrcampus.com\/campus\/#website","url":"https:\/\/ibkrcampus.com\/campus\/","name":"IBKR Campus US","description":"Financial Education from Interactive Brokers","publisher":{"@id":"https:\/\/ibkrcampus.com\/campus\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ibkrcampus.com\/campus\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ibkrcampus.com\/campus\/#organization","name":"Interactive Brokers","alternateName":"IBKR","url":"https:\/\/ibkrcampus.com\/campus\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/logo\/image\/","url":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/05\/ibkr-campus-logo.jpg","contentUrl":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/05\/ibkr-campus-logo.jpg","width":669,"height":669,"caption":"Interactive Brokers"},"image":{"@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/logo\/image\/"},"publishingPrinciples":"https:\/\/www.interactivebrokers.com\/campus\/about-ibkr-campus\/","ethicsPolicy":"https:\/\/www.interactivebrokers.com\/campus\/cyber-security-notice\/"},{"@type":"Person","@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/person\/abc12775791de999262b4ab21ec2ce51","name":"Christine Short","description":"Christine Short, Head of Global Corporate Events Research, is focused on publishing research on Wall Street Horizon event data covering 9,500 global equities in the marketplace. Over the past 15 years in the financial data industry, her research has been widely featured in financial news outlets including regular appearances on networks such as CNBC, Fox Business and Yahoo Finance to talk corporate earnings and the economy.","url":"https:\/\/www.interactivebrokers.com\/campus\/author\/christine-short\/"}]}},"jetpack_featured_media_url":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2025\/03\/Marchs-Interim-Data-Highlights-1920-x-1080-px-1.png","_links":{"self":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/posts\/219498","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/users\/586"}],"replies":[{"embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/comments?post=219498"}],"version-history":[{"count":0,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/posts\/219498\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/media\/219503"}],"wp:attachment":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/media?parent=219498"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/categories?post=219498"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/tags?post=219498"},{"taxonomy":"contributors-categories","embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/contributors-categories?post=219498"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}