Show notes
Christmas Snow job on Wall Street
* Dow ended Christmas Eve Day above 18,000 for second day
* Catalyst was bigger than expected revision to Q3 GDP to 5%
* Big disconnect between economic performance and expectations
* Consumer spending up mostly on healthcare
* Inventory increases in expectation of future sales
* Data for Q4 is lower
* Home sales continue to drop
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* Dow ended Christmas Eve Day above 18,000 for second day
* Catalyst was bigger than expected revision to Q3 GDP to 5%
* Big disconnect between economic performance and expectations
* Consumer spending up mostly on healthcare
* Inventory increases in expectation of future sales
* Data for Q4 is lower
* Home sales continue to drop
Our Sponsors:
* Check out Yahoo Finance: finance.yahoo.com
Privacy & Opt-Out: https://redcircle.com/privacy