Here's The 5-Second Version Of What Traders Are Talking About Today

watch clock stopwatch time

From Michael Block of Phoenix Partners Group, the ultra-condensed version of today’s market talk:

  • POTUS flying back tonight.  Senate has to make a bill that they know GOP in House will pass.  Clear as mud.  
  • Nikkei up 1.5%.  New PM sworn in, he and Fin Min are real pieces of work, frankly.  
  • Shanghai now 13.8% off the lows made on December 4.  
  • Big PMI next Monday night. Case Shiller at 9AM, Chicago PMI Friday are the big numbers this week. 
  • Chicago New Orders were very weak last month, can that rebound?
  • SpendingPulse sales only up 0.7% vs. +2.0% last year.  No wonder retail so weak.

For a more thorough look at the day’s headlines, see here >

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.