Succinct Summation of Week’s Events for 12.29.17
Succinct Summations for the week ending December 29th, 2017
Positives:
1. Stocks end the year strong, with the S&P 500 gaining 20%.
2. October Case-Shiller home price index rose 0.7% m/o/m and 6.4% y/o/y, both higher than expected.
3. Chicago PMI rose from 63.9 to 67.6, above the 62.5 expected.
Negatives:
1. Consumer confidence fell from 129.5 (a 17-year high) to 122.1.
2. Pending home sales rose just 0.2% m/o/m, below the 0.5% expected increase.
3. Jobless claims hold steady at 245k, unchanged from last week and slightly above expectations.
Charley Ellis and Burton Malkiel: “The Elements of
Investing”
Burton
Malkiel and Charley Ellis speak at a fireside chat on the topic of what’s
changed in the last 10 years—a retrospective on personal finance and investing
. Burton is returning to Google 10 years after his first talk here, when he was
invited by Jonathan Rosenberg and Sergey Brin to discuss personal finance and investing in advance of the Google IPO at
the time.
(2) Charley Ellis and Burton Malkiel: "The Elements of Investing" | Talks at Google - YouTube
Source: Talks At Google, November 12, 2013
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