Wednesday, October 12, 2011

Morning Journal 10/12/11


This Week’s Data

The International Council of Shopping Centers reported weekly sales of major retailers fell 0.1% versus the prior week but rose 2.8% versus the comparable period last year; Redbook Research reported month to date retail chain store sales down 0.6% versus the similar timeframe last month but up 4.8% on a year over year basis.

Weekly mortgage applications rose 1.3% while purchase applications were up 1.1%.


When the yuan rises, the trade deficit rises (short):

A very thorough look at (un) employment (medium):



Will Meredith Whitney end up being right after all (medium):