facebook twitter instagram linkedin google youtube vimeo tumblr yelp rss email podcast phone blog external search brokercheck brokercheck Play Pause
M Notes:  Mon, 11-15 Thumbnail

M Notes: Mon, 11-15




Week Close:
 10-12
+ (-)%
Dow
36,100
-226
-0.6%
S&P
4,683
-14
-0.3%
Nasdaq
15,861
-110
-0.7%
10-year1.58+0.12+8.2%


LAST WEEK:

Markets:  They took a breather last week.

S&P roller coaster last week:  Up a touch, down, down a lot, barely up, and up.

Inflation:  The wholesale inflation number (the PPI) stayed the same at 8.6%.  But the consumer inflation number (the CPI) did not.  It moved from 5.4% up to 6.2%... the highest consumer inflation in 31 years.    

Jobless claims:  The weekly number came in at 267,000.  This is third week under 300,000.  Getting back to normal.  

Radio:  Bill and I chatted about the inflation update and how it’s impacting us.  Here’s the link:  https://parker-wealth.com/bill-and-chris-podcasts/bill-and-chris-fri-11-12 .  You can normally hear us most Fridays at 6:38a, 7:38a, and 8:38a on 1100AM.  


----------

 

 

THIS WEEK:

Focus of the week:   Retail sales.   The update will come on Tuesday morning.       

Earnings season:  It’s winding down.  Some of the companies reporting this week:  Home Depot, Lowe’s, Target, and Walmart.   

Indicator focus:  Retail sales, industrial production (Tue); housing starts (Wed); and jobless claims (Thu).