Succinct Summation of Week’s Events 8.31.18

Succinct Summations for the week ending August 31st, 2018 Positives: 1. Q2 GDP was revised to a 4.2% annualized rate, 2 tenths higher than expected. 2. 4-week average for jobless claims is down to 212,250, the lowest level since Dec. 1969. 3. Corporate profits rose 6.7% y/o/y, higher than previous 2.7% rise. 4. Same store…

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