Succinct Summations of Week’s Events 5.18.18

This post is by Barry Ritholtz from The Big Picture

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Succinct Summations for the week ending May 18th, 2018 Positives: 1. Same store sales growth rose 4.9% y/o/y, up 0.7% from previous 4.2% increase. 2. Jobless claims came in at 222k, sending 4-week average down 2,750 to 213,250. 3. Crude oil inventories fell 1.4 million barrels w/o/w to 432.4 million, 4. E-commerce retail sales rose 3.9% in…

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The post Succinct Summations of Week’s Events 5.18.18 appeared first on The Big Picture.

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