Morning Journal

 News on Stocks in Our Portfolios

Scotiabank misses by C$0.01

·                                 Scotiabank (BNS): FQ4 EPS of C$1.31 misses by C$0.01.

 

Economics

   This Week’s Data

            Third quarter corporate profits were reported up 5.8% versus expectations of up 5.3%.  This analysis for the optimists.

            http://scottgrannis.blogspot.com/2013/12/corporate-profits-just-keep-on.html

            October factory orders fell 0.9% versus estimates of -1.2%.

            November nonfarm payrolls increased by 203,000 versus forecasts of a rise of 180,000.  the unemployment rate fell to 7.0% from 7.3%.

            October personal incomes dropped 0.1% versus a consensus of +0.3%; personal spending rose 0.3%, in line; and core PCE was up 0.1%, also in line.

   Other

Politics

  Domestic

Quote of the day (short):

http://cafehayek.com/2013/12/quotation-of-the-day-832.html?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+CafeHayek+%28Cafe+Hayek%29

  International War Against Radical Islam