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With the Fed’s all-important Jackson Hole Economic Symposium behind us and Powell promising to tame inflation, we’ve got a slew of market-moving reports this week.
How this week’s handful of incoming data, including the S&P Global Services PMI and additional housing data, will be moving markets into Labor Day.
Housing and consumer spending seems to be peaking; earnings data’s approaching for a slew of companies. We’ll see what it says, but the worst could be behind us.
A range of data points will arrive this week, but what the market’s going to be paying attention to are the 2 inflation indicators.
Whether we’re in a recession or not, the idea is that one is coming one way or another.
I’m going to come right out and say it: There was a lot of craziness going on in the markets last week.
This week, earnings season is upon us, and reporting guidance will have widespread impacts around the market.
The markets are open again, and it looks like last week’s bounce was short-lived.
Weiss Ratings