Market Update – Fairly Quiet With a Tinge of Weakness

11:14 a.m. ET Buying conviction in equities has been restrained by a deceleration in retail sales data, and in Treasuries a wait-and-see mindset for the FOMC decision this afternoon. Total retail sales missed, increasing just 0.3% m/m in November (consensus +0.8%) as did retail sales, excluding autos (consensus +0.9%). The data, coupled with upwards revisions…