Succinct Summations week ending June 14, 2013. Positives: 1. Retail sales rose 0.6% in May v expectations of +0.4% (helped by autos +1.8%). 2. Households healing as Debt/Disposable Income declined to the lowest levels since 2003 (112%). 3. S&P 500 logged 2nd best day of the year Thursday thanks to late push from FOMC scribe Hilsenrath. 4. U.S. weekly jobless claims declined for 2nd straight week, coming in at 334k v expectations of 346k. 5. Fed. Gov. Bullard said U.S. inflation surprised to the downside (duh, re: Gold) 6. NFIB small business optimism hits 1-year high, rising to 94.4 in May 7. U.S. MBA’s mortgage ... (full story)