Over the past two weeks new uncertainties have begun pouring into the markets, like the deluge of rain currently striking the west coast—I spent part of last week in Los Angeles. However, unlike what’s happening over the west coast, the storms investors faced were mostly avoidable. It all began with legitimate concerns over tightening Chinese […]
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Economics Week Ahead
This week will primarily focus on earnings, with housing data acting as an intriguing side story. Companies expected to report earnings this week include: AMR Inc. (AMR), Bank of America (BAC), Citigroup (C), CSX (CSX), EBay (EBAY), GE (GE), Goldman-Sachs (GS), Google (GOOG) IBM (IBM), Morgan Stanley (MS), and Wells Fargo (WFC). The housing side […]
With employment out of the way—for now—onto earnings; Alcoa is scheduled to kick of the 4Q09 earnings season with its report on Monday. Earnings might be stealing most of the show this week, but don’t count out economic data with the release of a critically important retail sales release on Thursday and a torrent of […]
It is a good thing investors will have the entire weekend to recover from their New Year’s celebrations, because 2010 is starting with a bang, at least in terms of economic data. Undoubtedly, the week’s most critical release will be Friday’s employment report, where excitement is building that payrolls could show their first monthly advance […]
The last week of 2009 bears some good news for investors, and that is there isn’t much of it. The week ahead could very well be the quietest week of 2009. However, not all is still, there are several quasi-important releases related to housing, consumer confidence, and manufacturing. Data-centric investors will be analyzing the Dallas […]
Retailers are not dreaming of a white Christmas. Whether a snowstorm impacting the Mid-Atlantic region this weekend will impact an arguably lackluster holiday shopping season is yet to be seen. But, bad weather does have a tendency of keeping would be shoppers home, however, these shoppers will still have access to online stores, but given […]
There is no doubt that this week’s FOMC meeting will steal the economic headlines, however, the result is likely to be rather anticlimactic. I do not anticipate any major changes to the FOMC’s statement, and certainly no shift in the target rate—despite last month’s better than expected employment data. The Fed will not view a […]
This week is relatively quiet on the economic front, following last week’s tsunami of data culminating in a much better than anticipated employment release. This week’s theme is the consumers, who have the potential to stymie last week’s positive sentiment depending on sales strength during the Black Friday shopping weekend. The week’s primary release will […]
This week investors face a barrage of data in addition to Chairman Bernanke’s Senate confirmation hearing. On the economic front, Friday’s employment report should steal the show followed closely Tuesday’s manufacturing ISM release. Both the manufacturing and non-manufacturing ISM reports have indicated expansion over the past three months, and should again in November, albeit at […]
The market will be providing a cornucopia of data this week centered on Tuesday and Wednesday, which you can mull over as you begin brining your turkeys—as an aside here’s the recipe I will be following this year. Also, I wrote an interesting column on Friday for Real Money titled ‘Talking Turkey on Agricultural Trends’ […]