The big news was the employment data, which I blogged on earlier, but here is the rest:
Wholesale inventories, and wholesale prices fell sharply in November. Even so, the "stock-to-sales ratio" rose because of less buying.
Looks like wholesale deflation to me.
Oil fell on the jobs news, because the unemployed don't consume much oil.
The Dollar was mixed, losing against the Pound and Yen, and gaining against the Euro.
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Matthew Saroff, Mechanical Engineer, Owings Mills, Maryland, US
I reserve the right to reprint any email correspondence on my blog.
If you want to keep your correspondence private, please tell me.
A member of the Democratic wing of the Democratic party, and a fan of Bernie who thinks Neoliberal (DLC/New Dem) trickle down conomics sucks.Mechanical Engineer with a background in defense, electronics packaging, medical & food equipment, transportation, and manufacturing.
In my spare time (Hah!), I am the developer of the Firefox addon, bbCode for Web Extensions (bbCodeWebEx).
I have two cats, a black cat, and a gray and white long hair cat, who keep me on my toes. (Because he keeps attacking my feet)
I am a Jew and a Zionist, who is married to a woman with exquisitely bad taste in men, and I have two remarkable children with her.
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I will do my level best to reveal such conflicts when I remember to.
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