Additional items of interest to add to the earlier Morning Memo posting:
- Chilean elections went as expected for the challenger Bachelet (left of center). Will be noteworthy, assuming she does in fact win the runoff next month, to see if she's able to garner the support in Congress for reforms on several fronts including eduction, taxation and the electoral process.
- Bachelet wins Chile presidential election but faces runoff http://t.co/V85LoSaSfH
— Reuters Top News (@Reuters) November 18, 2013
- The National Association of Home Builders survey was worse than expected. Some evidence of recent higher rates and still tough lending standards dampening home-builder outlooks, though the index still remains above 50 indicating overall optimism. The optimism is led by demographics of the combination of household formation and other demand for houses outstripping the actual numbers of new homes being built.
NAHB index unchanged in Nov. Future sales and buyer-traffic subindexes down slightly, present sales flat.http://t.co/PdRdnakLRW
— The Dismal Scientist (@dismalscientist) November 18, 2013
- Of interest re energy:
Amazing chart of U.S. oil production surpassing imports for the first time in nearly 20 years http://t.co/226K7QAhR8 pic.twitter.com/NSUNMaGVv2
— Phil Izzo (@philizzo) November 18, 2013
— The Dismal Scientist (@dismalscientist) November 18, 2013
- Q3 Federal Reserve consumer credit quality report showed improvements in mortgage and nonmortgage credit quality. http://t.co/At0cgfo3u1
.@fastFT: EM markets jump on China reform push http://t.co/r8k9QND516Please continue to visit Soos Global Market Musings for updates.
— Financial Times (@FinancialTimes) November 18, 2013
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(Please note: This article is solely meant to be thought provoking and is not in any way meant to be personal investment advice. Each investor is obligated to opine and decide for themselves as to the appropriateness of anything said in this article to their unique financial profile, risk tolerances and portfolio goals).
Disclaimer: Please read and consider important information related to all communication made by Soos Global on this site by clicking here.
Additional Disclaimer: currently long many stocks/ETFs. Positions may change at any time without notice.
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