(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers. )  RETAIL MASSACRE AND THREAT OF DEFLATION November 13, 2015 In the U. S. retail stocks are being massacred. As an example, Nordstrom (JWN) is down about $13 this morning after reporting lousy earnings.  Even discounters such as TJX are being hit as  Nordstrom Rack reported lower comps.  This follows on the heels of Macy’s (M) experiencing one of the biggest losses ever for the stock.  Accessory maker Fossil is down $12. On the positive side, KSS and JCP 

(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers. )  SPECTACULAR JOB NUMBER, HOURLY WAGES RISE; COPPER, GOLD, AND SILVER BREAK SUPPORT November 6, 2015 The U. S. Department of Labor just reported a spectacular jobs report for the month of October.  Non-farm private payrolls rose 268K vs. 160K consensus. One of the developing problems in the United States  has been the rising  income inequality.   The average Joe and Jane have simply not been getting raises.  October report is encouraging.  Hourly wages rose by 0.4% vs. 0.2%

(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers. )  YUAN AND YEN PUSHING HIGHER, ZERO INFLATION IN EUROZONE October 30, 2015 Overnight Bank of Japan held its fire contrary to the expectations.  The result is yen is pushing higher.  Also overnight, Chinese yuan rose most since 2005.  This was prompted by PBOC indicating that it may ease capital controls.  In our analysis, these moves by China are designed to impress IMF to make yuan a reserve currency. In Eurozone CPI came at 0.0% year