Morning Journal--the FHA is blowing up

Economics

   This Week’s Data

            The November Philadelphia Fed manufacturing index came in at -10.7 versus expectations of +4.5 and October’s reading of +5.7.---another Sandy impacted stat.

   Other

            The FHA is blowing up (medium):

            http://www.zerohedge.com/news/2012-11-15/guest-post-fha-blowing-bad-news-housing-market

Politics

  Domestic

The uselessness of the Obama/CEO summit (medium):

http://www.nypost.com/p/news/opinion/opedcolumnists/bam_consults_biz_world_yes_men_iCJ8CqWuhJqiNJSNdUSRiP

            It’s demographics, stupid (medium):

            http://www.anncoulter.com/columns/2012-11-14.html#read_more

  International

            Some thoughts on China under its new leadership (medium):
            http://www.zerohedge.com/news/2012-11-15/meet-new-china-same-old-china