With year end fast approaching investors are focused on retaining the equity gains earned on paper during the first eleven months of this year. Market returns during the first week of December would have been worse had it not been for the strong recovery on Friday in positive reaction to the jobs report. Other headline economic news was favorable as GDP was revised higher to an annual rate of 3.6%. Much of this gain, however, was centered on an increase in private inventory investment. With one less week between Thanksgiving and Christmas this year, all eyes will be on news that provides insight into retail sales. With that, enjoy this week's magazine as the second week of December unfolds.
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