News Snapshot:
My top 10 things to watch Wednesday, Jan. 18 1. "Mild recession" are the new watchwords. We'll talk about this concept and how to play it during our "Monthly Meeting" at noon ET on Thursday. Meanwhile, before the opening bell Wednesday, new data shows that still-elevated inflation is easing. Producer prices in December declined a greater-than-expected 0.5%. Retail sales last month also dropped a tad-more-than-expected 1.1%. 2. Ahead of Wednesday's session, the Nasdaq kept its rally going, now at seven straight sessions. The Dow Jones Industrial Average , however, took it on the chin Tuesday, closing down more than 1%...
