May 14, 2021 4:30pm by Barry Ritholtz Succinct Summations for the week ending May 14th, 2021 Positives: 1. “If you are fully vaccinated, you can start doing the things that you had stopped doing because of the pandemic.” 2. Home mortgage apps rose 1.0% w/o/w, above previous decrease. 3. Job Openings rose 597k in March from 7.526M to 8.123M. 4. CPI rose 0.8% m/o/m, above previous increase. 5. Business inventories rose 0.3% m/o/m. 6. Jobless claims fell 34k w/o/w from 507k to 473k. Negatives: 2. PPI-FD rose 0.6% m/o/m, below previous increase. 3. Retail sales remained unchanged for April, down from March’s 9.8%. 4. Industrial production rose 0.7% in April, below expectations.