US

S&P500  -7.05%(2,416.62); NASDAQ  -8.36% (6,333.00); DJIA  -6.87% (22,445.37)

 December’s Michigan Consumer Sentiment Index rose to 98.3 from November’s 97.5.

 November’s Personal Income rose 0.2% from October’s +0.5%. Personal Spending rose 0.4% from October’s +0.8%.

 Q3 2018 GDP Growth Annualized (third est.) rose 3.4% versus the previous estimate of 3.5%.

 Q3 2018 Core Personal Consumption Expenditure rose 1.6% q/q versus Q2’s +2.1% q/q.      

 November’s Housing Starts rose 3.2% from October’s -1.6%. Building Permits rose 5.0% from October’s -0.6%.

 November’s Existing Home Sales rose 1.9% from October’s 1.4%. 

 December’s NAHB Housing Market Index fell to 56 from November’s reading of 60.

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