trade talks erase Brexit concerns… go figure

» Posted by on Dec 11, 2018 in Announcements, Shop Talk, Uncategorized | 0 comments

trade talks erase Brexit concerns… go figure

Yesterday it was a delay on the Brexit vote. Today optimism on China trade talks. Want to go for a ride?

The NFIB Small Business Optimism Index has a read of 104.8 below the forecasted 107 and off the 107.4 previously posted.

Headline Producer Price for November was one tenth higher at 0.1% while it was expected to be unchanged. Ex- food and energy came in at 0.3% or the top of the range yet under the previous 0.5%

Redbook this week saw a bit of a decline in Y/Y store sales. This may not be well received in front of the holidays. 6.6% was the change vs. the previous reading of 7.0%

Tomorrow we will see what hints the housing market can give us with MBA Mortgage Applications as well as the Consumer Price Index release.

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