WEEKLY COMMENT MM PRIME TFI S.A. - December 1, 2014
Last week, negative readings from the US surprised markets. The only positive news was a revision of annualized GDP for the third quarter (from 3.5 to 3.9 %). Important readings as consumer confidence, Chicago PMI index and durable goods orders excluding means of transport were disappointing. These weak numbers did not stop Wall Street from further gains as weaker data are deferring interest rate increases.