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The Federal Reserve made its second interest rate increase in a decade yesterday and it is having an impact. The dollar index is reaching a 14-year high. Gold is at a more than 10 month low. The 10-year Treasury yield topped 2.6% this morning. (Reuters)

Retail sales rose in November by 0.1%. Sales were up 3.8% from a year ago. Auto sales fell 0.5%, the largest decline since March. Sales at building material stores rose 0.3%. Sales at online retailers gained 0.1% and sales at restaurants and bars increased 0.8%. (Reuters)

Producer prices rose 0.4% in November, its biggest increase in five months. In the last 12 months through October, PPI rose 1.3%.  That is the biggest annual gain since November 2014. A 0.5% increase in the cost of services accounted for more than 80% of the rise in PPI last month. Energy prices fell 0.3%, wholesale food prices rose 0.6% and health care costs gained 0.2%. (Reuters)

Shares of Mondelez, makers Ritz Crackers, Tang, Trident gum and Chips Ahoy cookies is jumping on a reports that Kraft-Heinz is planning to acquire the snack giant. (Bloomberg)

With Northwest Quadrant Wealth Management, a Registered Investment Advisor I am Troy Reinhart.
 

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