Market Weekly: Dec 25 Dec 29 2017

Mortgage applications   
w/w purchase -6%
YoY purchase +1%
w/w refinance -3%

M1
+0.2% w/w
+2.0% m/m
+7.4% YoY Real M1

Initial jobless claims
245,000 +22,000 

Railroad transport
Carloads +4.1% YoY
loads ex-coal +5.7% YoY
Intermodal units +7.6% YoY
Total loads +5.9% YoY

Oil prices and usage
Oil +$1.00 to $58.35 w/w, +12.2% YoY
Gas prices -$0.04 to $2.45 w/w, up +$0.19 YoY
Usage 4 week average +0.4% YoY

M2
+0.4% w/w
+0.5% m/m
+2.9% YoY Real M2

0.350 TED spread  +0.030 w/w
1.552 LIBOR +0.062 w/w

Shipping transport
Harpex +4 to 481
Baltic Dry -238 to 1430

NYSE ^TRIN
0.92