Succinct Summation of Week’s Events (11/16/12)

Positives: 1) Congressional leaders say they had constructive meeting at WH. We’ll get deal but don’t expect a good one in terms of dealing with the real drivers of debt/deficits and incentivizing economic activity. 2) Sept Business Inventories rise .7% vs est of .6% and I/S ratio falls to 1.28 …

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Succinct Summation of Week’s Events (11/16/12)

Succinct Summation of Week’s Events (11/16/12)

Positives: 1) Congressional leaders say they had constructive meeting at WH. We’ll get deal but don’t expect a good one in terms of dealing with the real drivers of debt/deficits and incentivizing economic activity. 2) Sept Business Inventories rise .7% vs est of .6% and I/S ratio falls to 1.28 …

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Succinct Summation of Week’s Events (11/16/12)