Weekly Calendar 11/21 ~11/25/2016
We have a normal week for economic data, with most of the reports concentrated on two days before the holiday.
The “A” List
- New home sales (W). Important sector for improved economic growth.
- Michigan sentiment (W). Strength continuing after the election?
- FOMC minutes (W). Probably no surprise. Confirmation of a tilt to a hike in December?
- Initial claims (Th). The best concurrent indicator for employment trends.
The “B” List
- Existing home sales (T). Not as important as new homes, but still a good read on the market.
- Durable goods (W). Volatile series. Any signs of strength in a sluggish sector?
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Crude inventories (W). Recently showing even more impact on oil prices. Rightly or wrongly, that spills over to stocks.
Earnings season is ending. The limited Fedspeak is early in the week.
