A.M. Update

S&P futures are up +0.3%, about the same as last night which makes the idea of a small consolidation extending this morning a little ore likely. Personal income rose 0.3% in February (consensus 0.3%) following a 0.6% increase in January. Personal spending rose 0.2% (consensus 0.3%) following the prior revised increase of 2.0% (from 1.8%)….