FRIDAY 1/12/18; China Trade Data; HSI (Hong Kong) Extends Record High and 14-Day Winning Streak; Euro Above 1.21; Pound Above 1.37; Dollar/Yen 110-Handle; FTSE (London) Prints Another Record High; BSE (India) Prints Record High; JPM; WFC; BLK; PNC; CPI (Consumer Price Index); Retail Sales; Business Inventories; SPX, INDU, COMPQ, NDX, RUT, NYA and TRAN Print All-Time Highs; AMZN (Amazon) Above 1,300; US Dollar Index 90-Handle

Aussie and Asia stocks begin trading higher 




[Purchase the 2018-01 chronology to experience the S&P 500 crossing above 2,800 and Dow Industrials above 26,600.]

 three rate hikes are likely this year but he is not showing his hand. Rosengren is concerned about the falling unemployment rate and stubbornly low inflation. Rosengren continues touting the idea that the Fed should target an inflation range of +1.50% to +3.00% instead of a point value of +2.00%.