Succinct Summation of week’s events 5.13.16 ( + humanity's limits?)

This Sunday's summation includes consumer sentiment and job openings both up as positives and a third straight week of index losses as a negative.  For the bonus, Barry Ritholtz shares with us in today's posting a fascinating seven minute video on the limits of humanity's reach into the realm of discovery, from a strictly scientific perspective of course.  It also serves as a pretty decent seven minute history of the universe.  Anyway, a very entertaining seven minutes to say the least.  Hope everyone had a great weekend.

Succinct Summation of week’s events 5.13.16

May 13, 2016 5:00pm by Barry Ritholtz

Succinct Summations for the week ending May 13th 2016

Positives:

1. Retail sales rose 1.3%, with auto sales rising 3.2%. This was well ahead of the 0.9% expected rise.
2. Consumer sentiment rose to 95.8, up from 89 previously and above the 89.7 expected.
3. Job openings rose to 5.757m in March, up from 5.445m previously.
4. Import prices and export prices rose 0.3% and 0.5% respectively, m/o/m.
5. The small business optimism index rose to 93.6, up from 92.6 previously.

Negatives

1. U.S. Stocks fell for a third straight week.
2. Jobless claims rose to 294k, the highest reading since February.
3. Bloomberg’s consumer comfort index fell to 41.7, down from 42 previously.
4. Producer prices rose just 0.2% m/o/m.
5. Business inventories rose 0.4% m/o/m, ahead of the 0.2% expected rise.

 How Far Can Humanity Go? - The Big Picture