Sunday, February 12, 2017

QUICK OVERVIEW

  • (WSJ) The Vanguard Group topped $4 trillion in assets for the first time at the end of January after a year in which it pulled in more money than all of its rivals combined.
 
  •  U.S. Home ownership at 63.5% is the lowest since the 1980’s. China’s foreign currency reserves fell below $3 trillion, the lowest level since 2011. 
  • China’s imports rose 16.7%, while exports rose 7.9%. 
 
  • Brent crude at $56 as Opec sticks to one of the deepest cuts in its history. Mr. Trump is promising a “phenomenal” announcement on taxes in the next few weeks. NYSE short interest ratio is currently at 4.3 days.

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