Friday, November 16, 2012

Morning Journal--the FHA is blowing up

Economics

   This Week’s Data

            The November Philadelphia Fed manufacturing index came in at -10.7 versus expectations of +4.5 and October’s reading of +5.7.---another Sandy impacted stat.

   Other

            The FHA is blowing up (medium):

Politics

  Domestic

The uselessness of the Obama/CEO summit (medium):

            It’s demographics, stupid (medium):

  International

            Some thoughts on China under its new leadership (medium):
            http://www.zerohedge.com/news/2012-11-15/meet-new-china-same-old-china


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