The final holiday gift was a report that consumer sentiment surged during the final 2 months of 2016.
The Fed Bumps Up Short-Term Rates, Forecasts 3 Rate Hikes in 2017: What We Learned During the Week of December 12 – 16
For only the 2nd time in a decade, the Federal Reserve raised its short-term interest rate target. Meanwhile, both manufacturing output and retail sales were a bit soft during November.
More Job Creation, A Higher Estimate of Q3 GDP Growth: What We Learned During the Week of November 28 – December 3
The labor market continued to create jobs during November while the economy grew at a faster than previously believed pace during the summer.
