Wednesday, December 10, 2014

Morning Journal--Iran caught cheating again


   This Week’s Data

            The International Council of Shopping Centers reported weekly sales of major retailers down 1.5% versus the prior week but up 2.9% on a year over year basis: Redbook Research reported month to date retail chain store sales up 3.9% versus the comparable period last year.

            October wholesale inventories rose 0.4% versus estimates of +0.2%; sales increased only 0.2%.

            Weekly mortgage applications were up 7.3%, while purchase applications advanced 1.0%.




Fannie and Freddie approve 3% down mortgages (short):

Obama’s $1.7 million one night stand (short):

A summary of the senate ‘torture’ report (medium):

  International War Against Radical Islam

            Iran caught cheating, again (short):

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