Welcome back to work everyone!Don't worry about having missed anything because we're all beginning on the same page where nobody knows nothin'. Namely, stock indexes have gone up the top of their recent range w/ the Dow hitting an all time high of 19,995 (!), but now futures traders refuse to say there'll be more progress on the upside.
On the other hand they won't predict downside action either -they're flat. On the other hand (by now we all know that econ geeks never stop at two hands) metals futures predict a quarter% rise even though (!) gold & silver prices are fading already to $1,176.50 and $16.54.
Humph.
Our bean counters aren't up to speed yet, they only got Consumer Credit for us this afternoon, but we got plenty of FR econ threads:
- Britain Booms After Brexit — Will Last Country To Leave EU Turn Out The Lights?
- U.S. INTERNATIONAL TRADE IN GOODS AND SERVICES November 2016 [9 MONTH HIGH --TRUMP EFFECT?]
- Fiat Chrysler to build 3 new Jeeps, create 2,000 jobs in US
- Obama's Final Jobs Report Is A Fitting End To His Presidency
- How Obama’s Jobs Record Stacks Up
- How the University of California exploited a visa loophole to move tech jobs to India
- Exclusive: Top Trudeau advisers have high-level meetings with Trump officials
- Trump has already created thousands of jobs, but needs big reforms to keep them
- Canadians will eventually warm up to Trump. Until then, stop treating him like a monster
- Worrying About the ‘Trade Deficit’ Is Absurd to the Nth Degree
- Barclays considers Elon Musk a potential commodity ‘black swan’ of 2017
- Ford plant turns 'cemetery' as Trump wrenches Mexican autos