Initial Guidance | 14 January 2016

● US Economy Expands as Wages Stay Flat, Fed’s Beige Book Says | Bloomberg
● Mortgage applications in US rebound 21% | CNBC
● Year-ahead inflation outlook dips to 1.8% via US businesses | Atlanta Fed
● US Foreclosures at 9-Year Low in 2015 But Up in Some Oil Towns | MNI
● Survey finds that Americans see gov’t, economy as top US problems | Gallup
● China may slow Fed’s interest rate rises: Fed officials | Reuters
● German Economy Defied 2015 Global Slowdown via Stronger Growth| Bloomberg