Succinct Summation of Week’s Events 8.22.14

Succinct Summations week ending August 22nd Positives: 1. S&P 500 made a new all-time high. 2. Existing homes sales increased to 2.4%, the biggest increase in almost a year. 3. Housing starts exploded 15.7% m/o/m, the fastest pace in 8 months. 4. Jobless claims fell to 298k vs the 303k expe…

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Succinct Summation of Week’s Events 8.22.14