Succinct Summations for the week ending January 12th, 2018. Positives: 1. All major U.S. stock indexes hit all-time highs this week. 2. Wholesale trade rose 0.8% m/o/m, above the 0.7% expected increase. 3. Retail sales rose 0.4%, below the 0.5% expected; November was revised 0.1% higher to a 0.9% increase. 4. Core CPI rose 0.3% m/o/m, above the 0.2% expected increase. 5. MBA mortgage applications rose 8.2% w/o/w. Negatives: 1. Jobless claims rose from 250k to 261k, above the 245k expected. The 4-week moving average is up to 250.75k. 2. PPI fell 0.1% m/o/m. Less food and energy also fell 0.1%, both below the 0.2% ... (full story)