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No Sign of Postelection Economic Surge

Sentiment indicators are quite bullish, but Morningstar's Bob Johnson doesn't think the election has had a major impact on spending or housing data yet.

Jason Stipp: I'm Jason Stipp from Morningstar. This week we got some consumption GDP and existing home sales data. Here to help us make sense of the numbers is Morningstar's Bob Johnson, our director of economic analysis. Bob, thanks for being here.

Bob Johnson: Great to be here today.