Morning Journal---Rosenberg on post Thanksgiving sales

Economics

   This Week’s Data

            The Chicago Fed’s October national activity index was reported at -.56 versus expectations of -.18 and 0.00 for September.

            http://www.capitalspectator.com/archives/2012/11/chicago_fed_slo.html#more

            The Dallas Fed’s November manufacturing index came in at -2.8 versus estimates of +4.7 and October’s reading of +1.8.

            http://www.calculatedriskblog.com/2012/11/dallas-fed-regional-manufacturing.html

   Other

            More on Bernanke’s disastrous monetary policy (medium):

            http://www.minyanville.com/business-news/the-economy/articles/Bernanke2527s-Easy-Money-Death-Spiral-fiscal/11/26/2012/id/46073?page=full

            Greg Mankiw replies to Buffett on taxes (short):

            http://gregmankiw.blogspot.com/2012/11/a-master-of-tax-avoidance.html

            David Rosenberg looks at post Thanksgiving consumer spending (medium):

            http://www.zerohedge.com/news/2012-11-26/david-rosenberg-what-joke-realistic-thanksgiving-postmortem

            Weekly gasoline update (short):

            http://advisorperspectives.com/dshort/updates/Gasoline-Update.php

Politics

  Domestic

Another reason to gut our entire education system and start over (short):

http://www.zerohedge.com/news/2012-11-26/guest-post-texas-schools-teaching-boston-tea-party-terrorist-act

  International War Against Radical Islam

            Update on Iran, the US Navy and the Persian Gulf (medium):

            http://www.zerohedge.com/news/2012-11-26/guest-post-iran-positioned-threaten-oil-lanes