Inside the Economy: Holiday Spending & Economic Updates

This week on “Inside the Economy”, we gear up to follow and monitor holiday sales. Will this be a record year for sales? The stock market has seen some recent volatility due to a variety of headlines including corporate earnings revisions. Is this pull back healthy for the stock market long term? What is the annual wage of Chinese factory workers and what is the significance? Tune in to learn about all this and more!

 

Key Takeaways:

• 30 year mortgages rise to around 3%
• Household cash and cash-equivalents continue to climb
• Grain prices begin to pull back