There is not much news I am going to report for this short work week. The stock market continues to reach new highs and generally speaking that is good news. I am not a fan of allowing Iran to continue to enrich uranium. All of their centrifuges remain in existence. In my view it is [...]
Led by declines in production related indicators, the Chicago Fed National Activity Index or CFNAI decreased to +0.02 in December from +0.27 in November. The index’s 3 month moving average, CFNAI-MA3 edged up from -0.13 in November to -0.11 in December, its tenth consecutive reading below zero which suggests that growth in national economic activity [...]