Succinct Summation of Week’s Events 4.12.19

Succinct Summations for the week ending April 11th, 2019


1. Markets continued to act better in light of IPOs, Disney streaming news
2. Jobless claims fell 8k w/o/w, from 204k to 196k.
3. PPI-FD rose 0.6% m/o/m, above the 0.4% expected increase.
4. CPI rose 0.4%, above the 0.3% expected increase.
5. Same store sales rose 4.8% w/o/w, greater than previous 4.4 increase.
6. NFIB said something meaningless about small business optimism that everyone ignored.


1. Mud-wrestling Barr/Mueller report + POTUS taxes means its going to be a long hot summer;
2. Job openings fell 7.1% m/o/m, from 7.625M to 7.087M.
3. Home mortgage apps rose 1.0% w/o/w, decelerating from previous 3.0% increase.
4. Factory orders fell 0.5% m/o/m following a revised no change in January.
5. Consumer sentiment is currently at 96.9 for April, below the expected 98.
6.  Crude oil inventories rose 7.0M barrels w/o/w to 456.6M.

Thanks, Matt!


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