Tuesday, January 30, 2018

Today's Headlines

Bloomberg:
  • French Economy Sustains Momentum, Has Best Year Since 2011. The French economy expanded for a fifth straight quarter, delivering its best full-year since 2011 as the election of President Emmanuel Macron combined with a global upturn to bolster confidence and investment. Gross domestic product rose 0.6 percent in the three months through December, in line with the median forecast of economists. Capital investment rose 1.1 percent, household spending increased 0.3 percent and net trade added to growth.
Wall Street Journal:
CNBC:
  • Treasury Secretary Mnuchin wants to keep cryptocurrencies away from 'bad guys'. Consumer confidence jumps as Americans expect 2017 momentum to continue. Consumer optimism pushed higher than anticipated in January, after a surprise decline the previous month. The Conference Board's measure of consumer confidence rose to 125.4 in January, higher than the 123.1 anticipated by economists polled by Reuters. The measure had declined to 122.1 in December.The key index rose to 129.5 in November, the highest mark since the index hit 132.6 in November 2000.'

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