Economics
This Week’s Data
Redbook
Research reported month to date retail chain store sales down 0.6% versus the
prior month but up 4.3% versus the comparable period last year.
The
December Markit services index came in at 53.3 versus expectations of 53.6.
November
factory orders were down 0.7% versus estimates of down 0.6%.
The
December ISM nonmanufacturing index was 56.2 versus forecasts of 58.0.
Weekly mortgage
applications fell 9.1% while purchase applications were down 5.0%
The
December ADP private payroll report showed an increase of 14,000 jobs versus
expectations of a rise of 27,000 jobs.
The
US November trade deficit came in at $39.0 billion versus an anticipated $41.5 billion.
Other
The
ECB ‘leaks’ its three QE options---a sure sign that it is just as confused as
everyone else (medium):
Politics
Domestic
Rumors are that
Obama will pick former CEO of Bank of Hawaii for Fed post (medium):
The
Senate introduced a bill approving the Keystone pipeline yesterday and Obama
threatens a veto. So much for
bipartisanship (medium):
International War Against Radical Islam
ISIS
now hiring bankers (medium):
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