It's time for the weekly summation and this week the markets all finished in the green with the primary negative being the ongoing concern over tariffs.  This Sunday's bonus is the Ritholtz Sunday reading list, this time with articles of particular interest including "What If the Future is Better Than We Think?," "We're Bad at Evaluating Risk, How Doctors Can Help," and "How economies could insure themselves against the bad times"  Hope everyone enjoyed the weekend. 

Succinct Summations of Week’s Events 4.20.18

April 20, 2018 6:00pm by Barry Ritholtz

Succinct Summations for the week ending April 20th, 2018

Positives:

1. Markets finished in the green for the week, despite a rocky few days
2. Same store sales rose 3% y/o/y, up .01% from prior 2.9%; Retail sales rose 0.6% m/o/m, beating 0.4% expected.
3. Business inventories rose .6% in February for a second straight month.
4. Housing starts rose to 1.319M in March, beating the expected 1.264M.
5. Industrial production rose .5% in March, beating the expected 0.4%
6. Mortgage application rose 4.9% w/o/w, up from prior decrease of 1.9%.
7. Its 420 Day — Enjoy the weekend!

Negatives:

1. CRB index was up 1% on the week and 4% year to date to touch the highest level since October 2015.
2. Jobless claims rose to 232k, up 5k from mid-March reading.
3. Housing market index fell to 69 in April, its lowest reading since last November.
4. Fed’s Beige Book reflects legitimate concerns with tariffs and rising costs.
5. NY manufacturing April index fell to 15.8 from 22.5

Sun 4-22-18 10 Sunday Reads - The Big Picture