Succinct Summation of Week’s Events for 6.30.17

Succinct Summations for the week ending June 30th, 2017 Positives: 1. Corporate profits rose 11.5% y/o/y in Q1 to annualized $1.729 trillion. 2. Real GDP was revised up from 1.2% to 1.4%. 3. Personal income rose 0.4%, in line with expectations 4. Consumer confidence rose from 117.9 to 118.9, above the 116.7 expected. 5. Jobless claims…

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