Economic Update 11-22-2021
- Economic data for the week included strong reports for retail sales and industrial production, as well as a re-acceleration in manufacturing indexes. Housing data was mixed, while jobless claim improvement has flattened a bit as of late.
- Equity markets were mixed in the U.S., but declined throughout the rest of the world. Bonds were flattish in the U.S., but lagged globally with a stronger dollar. Commodity prices fell back as oil inventories rose.
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LSA Connect, November 22, 2021