Wednesday, November 19, 2014

Morning Journal---Kissinger on Ukraine

Economics

   This Week’s Data

            The International Council of Shopping Centers reported weekly sales of major retailers up 0.2% versus the prior week and up 2.2% on a year over year basis; Redbook Research reported month to date retail chain store sales down 0.9% versus the comparable period a month ago but up 3.9% versus the similar timeframe last year.
           
            The NAHB homebuilders’ confidence index came in at 58.0 versus expectations of 55.0.

                Weekly mortgage applications rose 4.9%, while purchase applications increased 12.0%.

            October housing starts declined 2.7% (though September was revised up) versus forecasts of a slight advance; however, permits were up 4.8% versus estimates of up1.6%.

   Other

            The growing Eurozone disaster (medium):

            And Japan is no blueprint for a solution (medium):
           
Politics

  Domestic

  International

            This is a long article written by a CIA interrogator on the subject of enhanced interrogation techniques; but it is very enlightening and provides a counterpoint to the ‘it is torture’ crowd:
           
Kissinger on Ukraine (short):


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