Succinct Summation of Week’s Events 12.7.18

Succinct Summations for the week ending December 7th, 2018 Positives: 1. Federal Reserve sees Labor and Housing data as soft — indicates slower rate hike cycle; 2. Non-farm payrolls rose 155k in November, meeting the low side of expectations; 3. Unemployment rate remains unchanged at 3.7%. 4. MBA mortgage applications rose a seasonally adjusted 1.0% w/o/w 5. Non-farm productivity…

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