Economics
This Week’s Data
The
International Council of Shopping Centers reported weekly sales of major
retailers up 0.4% versus the prior week and up 3.1% on a year over year basis;
Redbook Research reported month to date retail chain store sales up 3.5% versus
the comparable period a year ago.
Weekly
mortgage applications fell 9.2% while purchase applications were down 5.0%.
First
quarter trade deficit was $111.2 billion were expectations of $99.8 billion.
Other
Employment
continues to normalize (short):
The
worrisome growth on non-discretionary consumer debt (long):
Bank
of Japan’s balance sheet is about to go parabolic (medium):
Update
on debt in America (medium):
Politics
Domestic
Hillary’s ‘do as
I say, not as I do’ approach to estate taxes (medium):
Ann Coulter on
Eric Cantor’s loss (medium):
The White House’s
pathetic response to the Bergdahl criticism (medium):
International
US
captures Benghazi mastermind (medium):
From
ISIS: the most unusual annual report that you will ever see (medium):
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