Hard hitting global and local news
In December, goods exports fell $4 billion while imports rose $5 billion. Year-over-Year exports are now negative.
Wholesale inventories rose 1.1 percent in December. Retail inventories rose 0.9%.
Factory orders rose 0.1% in December following two months of decline. Economists expected a 0.6% rise.
The yield curve is inverted in 11 different spots. The latest is 5-year to 3-month inversion.
Housing starts gave back all of their 3.2 percent increase in November and then some.
US Mainstream media is gaga this evening over a desperate Brexit bluff by UK Labor Leader Jeremy Corbyn.
A think-tank led by a former Congressional Budget Office director has come up with a price of the New Green…
Every year, analysts inspect Buffett’s annual letter looking for successor hints. This year they found a blast of Trump.
Point2Homes notes 23 US cities had 40% or more home price appreciation in 5 yrs. I compare to Case-Shiller 20…
Trump announced substantial progress but trade experts wonder where.