Sunday, July 17, 2016

Succinct Summation of Week’s Events 7.15.16 (+ 5,000 Year History of Urbanization)

It's been quite the tumultuous week, the markets having done very well while the rest of the world not so well.  Four major disasters in one week, has this ever happened before?  And to show how we got from there to here, this Sunday's bonus is a terrific 3 minute animation from YouTube showing the complete 6,000 year history of the city-state.  Hope everyone had a great weekend.  Hopefully, with the coup in Turkey having been put down over the weekend, tomorrow's market will hold no major surprises.


Succinct Summation of Week’s Events 7.15.16

July 15, 2016 4:00pm by


Succinct Summations for the week ending July 15th 2016

Positives:

1. U.S. Stocks gained >1% for the third straight week.
2. Retail sales rose 0.6% month over month, well above the 0.1% expected increase.
3. Jobless claims fell to 254k, the 4-week moving average fell to 259k, down from 264.75k.
4. Producer prices rose 0.5% m/o/m.
5. Industrial production rose 0.6% m/o/m; manufacturing rose 0.4%.
6. NFIB small business optimism came in at 94.5, up from 93.8 previously and above expectations.
7. Import and export prices rose 0.2% and 0.8% m/o/m, respectively.

Negatives:

1. Despite the plunge on Friday, U.K. stocks had their best week since early February.
2. Import and export prices fell 4.8% and 3.5% y/o/y, respectively.
3. Consumer sentiment fell to 89.5, down from 93.5 and below expected.
4. Consumer prices rose 0.2% m/o/m and y/o/y. Inflation not showing up in these readings.

History of Urbanization, 3700 BC - 2000 AD - The Big Picture

History of Urbanization, 3700 BC – 2000 AD

July 17, 2016 7:00pm by


This map visualizes the history of urban settlements over 6,000 years.

The data shown in the map comes from a Yale-led study published earlier this month in Scientific Data, which compiled the most comprehensive dataset on historical urban populations to date.

The data has a number of limitations and is “far from comprehensive.” Certain parts of world are better represented than others, and some well known cities do not appear until centuries after they were founded. That said, it is the first global-scale collection of pre-1950 urban populations, and a good starting point for future research.


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