HOMEBUILDER CONFIDENCE HITS 18 YEAR HIGH

FAST FACTS ABOUT TODAY’S ECONOMIC DATA: NAHB Housing Market Index at highest level in 18 years in December. TIC Data show that China continues to buy U.S. Treasuries. Japan Trade Surplus improved due to increased exports to the U.S. NAHB/WELLS FARGO U.S. HOUSING...

CHINA CREDIT EXPANDED IN NOVEMBER

FAST FACTS ABOUT TODAY’S ECONOMIC DATA: China M2 and New Loan growth rebounded in November. Job Openings slipped to sub 6 million but Hires spike in October. Italian Retail Sales down -2.1% Y/Y in October. CHINA M2 MONEY SUPPLY GROWTH BACK ON TRACK IN NOVEMBER:...

RISING WAGES PUSHED TAXES HIGHER IN NOVEMBER

FAST FACTS ABOUT TODAY’S ECONOMIC DATA: S. Tax Receipts up +6.6% Y/Y in November. S. Factory Orders slipped in October but prior months revised higher. EU PPI increased for the 3rd month in a row but slowed on Y/y basis in October. U.S. TAX RECEIPTS UP +6.6% Y/Y IN...
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