Succinct Summation of Week’s Events 11.13.15

November 13, 2015 4:15pm by

Succinct Summations for the week ending November 6th, 2015

Positives:

1. NFIB small-business index came in at 96.1, unchanged from the previous reading.
2. Bloomberg’s consumer comfort index came in at 41.6, up from 41.1 previously.
3. Retail sales ex-auto rose 0.4%, above the 0.2% expected rise.
4. Consumer sentiment rose from 90 to 93.1, above the 92 expected.

Negatives:

1. Retail sales rose 0.1% versus the 0.3% expected.
2. NFIB small-business index came in at 96.1, below the 96.4 expected and unchanged from the previous reading.
3. Import and export prices both fell m/o/m and are down 10.7% and 7.4% respectively y/o/y.
4. The MBA mortgage composite fell 0.8% w/o/w.
5. Initial jobless claims came in at 276k and the 4-week moving average rose from 262.75k to 267.75k.

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  1. Futuredome commented on Nov 13

    I am smelling a fat consumer price decline in the 4th quarter after some declines in the 3rd. Consumer prices will be outright deflating by December as price wars heat up with these lower inputs.

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