The Weekly Market Update is posted at AlphaBaskets and includes the following;
On the economic front third quarter GDP was revised to 5.0% which on its face supports the FOMC’s expectation to hike rates next year. With rates currently so low the Fed has less ammunition (little to no room to cut rates again) to combat a slowdown should one start unexpectedly.
Please click through to read the entire update.
Walker Fire Patrol 85 in the Prescott Christmas parade.