It was a very quiet week, highlighted by disappointing retail sales.  Here are some of my takeaways from the week: The LMCI for the Jan ’15 payroll was 4.9, with a 1.6 point total upward revision to the prior year. The last 3 months average 6.3.  Job openings on JOLTs was the highest since 2001.  The labor market continues to surprise relative to everything else. Retail sales were weak again. The very low Dec core retail sales were revised upwards, so it wasn’t as terrible.  Some people are probably wondering where all the spending from lower gas prices are.  Just…

This content is for Forum Membership and Basic Trades Newsletter members only.
Log In Register