Yesterday we mentioned we are a slave to the Headlines as we are still a few weeks away from earnings. A Slave to Headlines Without Earnings
Today we thought we would give you a heads up on our regular weekly economic watch. The following is from yahoo.finance and the links will bring you to a description from yahoo or the related government entity that produces the report. Each week we closely monitor economic reports and keep a history of the reports and how they faired given market expectations for the complete year. This allows us to monitor the results as well as expectations, and investor’s reactions to actual versus expectations.
This week our key items, in order of importance to us are:
- Initial Claims
- Core and non Core CPI
- Retail Sales
- Core and non Corp PPI
|Statistic||For||Actual||Briefing Forecast||Market Expects||Prior|
|Retail Sales ex-auto||Aug||–||0.10%||0.40%||-0.60%|
|Net Long-term TIC Flows||Jul||–||NA||NA||-31.2B|
While this may look like a lot of economic reports for the week, this is actually a relatively light week of reporting. Any report may gain importance if something reported is drastically different from expectations.
Have a good day !