Succinct Summation of Weeks Events (11/16/12)
Positives:
1) Congressional leaders say they had constructive meeting at WH. We'll get deal but don't expect a good one in terms of dealing with the real drivers of debt/deficits and incentivizing economic activity.
2) Sept Business Inventories rise .7% vs est of .6% and I/S ratio falls to 1.28 ...
FF News: Fundamental