Monday, December 18, 2017

Economic Data As We ComeTo The End Of The Year -- December 18, 2017 -- T+331

As We Head To The End Of 2017

There will be a lot of economic data released this week prior to Christmas weekend at the end of the week. 

Single-family housing starts, permits hit 10-year high. Posted December 19, 2017. Link here

Home builder sentiment at the highest since July, 1999. Link here.

Wow, wow, wow! Existing home sales for November, 2017, jumped 5.6%; expectation? 0.7% Posted December 20, 2017.

The market since Trump has been elected, including a list of stocks that have doubled since his election.

All three indices are likely to close at new records today. Some confusion on CNBC but apparently if the Dow 30 sets a new record today, the index will have set a record for the number of times the Dow has hit a new high in one year.

And on CNBC so far this morning (December 18, 2017), the phrase "President Trump" has not been mentioned. If it has, it has not been mentioned in connection with the stock market rally. The stock rally is due to "synchronous global growth."

"If you got a business, you didn't build that," What A Doofus
 
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He saved us from Hillary -- Trumping the left! December 12, 2017.


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Apple: runs out of AirPods. Can't keep up with demand. Posted December 19, 2017.

ATT: raises dividend; annual payout now $2.00/share.

PFE: announces $10 billion stock buyback plan; hikes dividend.

ETP: gets FERC okay for additional Rover drilling

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