Succinct Summation of Week’s Events for 3.30.18

Succinct Summations for the week ending March 30th, 2018 Positives: 1. Wages and salaries gained 0.5%; Personal income rose 0.4% m/o/m, in line with expectations. 2. Same store sales rose 3.6% y/o/y, above the previous 3.2% increase. 3. Jobless claims fell from 229k to 215k, the lowest reading in 45 years. 4. Mortgage applications rose 4.8%, up…

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