Economics
This Week’s Data
The
International Council of Shopping Centers reported weekly sales of major
retailers up 0.6% versus the prior week and up 4.2% on a year over year basis;
Redbook Research reported month to date retail chain store sales up 4.0% versus
the comparable period last year.
The
June Case Shiller home price index fell 0.2% versus expectations of up 0.1%.
The
August Richmond Fed manufacturing index came in at 12 versus forecasts of 6.
Weekly
mortgage applications rose 2.8% while purchase applications were up 3.0%.
Other
Why
you should fear rising interest rates (medium):
French
political unrest a symptom of what is ailing the EU (medium):
What
is the ECB going to do? (medium):
More
on student loans (short):
Why
oil is falling in price (short):
Politics
Domestic
More government
incompetence (medium):
Pompous displays
of ignorance (short):
Another genius
suggestion from the ruling class (just read the intro):
International
US
to bomb both ISIS and the Syrian regime.
Does this remind anyone else of Alice in Wonderland?
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