This Week’s Data
The International Council of Shopping Centers reported weekly sales of major retailers down 0.8% versus the prior week but up 3.3% versus the comparable period last year; Redbook Research reported month to date retail chain store sales up 1.3% versus the similar timeframe a month ago and up 2.6% on a year over year basis.
Weekly mortgage applications rose 1.7% while purchase applications increased by 3.4%.
Austerity hasn’t worked because it was never tried (medium):
Inside some of the employment numbers (short):
A look at CEO pay (short):
Another look at the math of our current debt and deficit (medium):
The senate fails to extend low interest rate student loans (short):
News on Stocks in Our Portfolios
More quarterly earnings per share reports:
EOG Resources $1.17 $1.14
Teva Pharmaceutical 1.47 1.44
Strategic Stock Investments is to help other investors build wealth and benefit from the investing lessons he learned the hard way.