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Quiet Until Friday

This week was a pretty quiet week with economic data until Friday. Today we got the September retail sales were up 0.6%, which was more than expected, and the PPI (producer price index) was up 0.3%. Both are signals that higher inflation could be on the horizon. On...

Once Again Economic News Was Up and Down

This week’s news created a see-saw. On Monday the Institute of Supply Management Manufacturing number was announced at a much stronger than expected 51.5. On Wednesday, we learned that Institute of Supply Management announced that the Service Sector rose to 57.1, also...