Morning Journal--Gallup's holiday spending survey

News on Stocks in Our Portfolios

            Kimberly Clark spinning off healthcare business:

                        http://seekingalpha.com/news-article/8196872-kimberly-clark-pursuing-spin-off-of-health-care-business?source=email_wsb&ifp=1

 

            Berkshire Hathaway bought a 40 million share position in ExxonMobil.

Economics

   This Week’s Data

            The October NY Fed manufacturing index came in at -2.21 versus expectations of +5.5.

   Other

            More on student loans (medium):

            http://www.zerohedge.com/news/2013-11-14/federal-student-loans-surpass-1-trillion-delinquency-rate-soars-all-time-high

            Gallup’s holiday spending survey (short):

            http://advisorperspectives.com/dshort/commentaries/Gallup-Holiday-Spending-Survey-131114.php

Politics

  Domestic

The lawlessness of Obamacare (medium):

http://www.zerohedge.com/news/2013-11-14/what-morning%E2%80%99s-obamacare-announcement-means

You got to know when to hold them, know when to fold them (short):

http://www.zerohedge.com/news/2013-11-14/obama-folds-you-can-keep-your-plan-now-live-webcast