This page has been archived and commenting is disabled.
Today's Events: Retail Sales, Business Inventories, Fed Speeches
The economic headlines return with Retail Sales, Imp-Ex price indices, Buisiness Inventories and more Fed speeches
8:30: Retail sales (January): Upside risks. Goldman believes that healthy chain-store results, an improvement in vehicle sales and favorable weather all point to a meaningful rebound in January retail sales. As such it forecasts an above-consensus increase in total retail sales of +1.2% (month-over-month), and expects strength in the underlying components as well.
Total: GS: +1.2 %; Consensus: +0.8%; Last: +0.1%.
Ex-autos: GS: +0.8%; Consensus: +0.5%; Last: -0.2%.
Ex-autos, gas & building materials: GS: +0.6%; Consensus: +0.4%; Last: -0.2%.
8:30: Import/export price indexes (January). Higher commodity prices. Consensus forecasts expect a 0.3% (month-over-month) increase in import prices, likely on the modest pickup in commodity prices over the last two months. The recent depreciation in the trade-weighted dollar will likely not affect import prices until next month’s report.
Consensus: +0.3%; last -0.1%.
8:45: Philadelphia Fed President Charles Plosser on the economic outlook. Q&A expected.
10:00: Business inventories (December). Not a market mover, but this report could affect tracking estimates of Q4 and Q1 GDP growth.
Consensus: +0.5%; last +0.3%.
17:40: Atlanta Fed President Dennis Lockhart on the economic outlook. Q&A expected.
Source: GS
»
- 3125 reads
- Printer-friendly version
- Send to friend
- advertisements -
So what'll it be this time around? All figures beat, or only one, which in turn catapult futures higher?
Either way, the only way is up. Much like housing, and Treasury bonds, equities never decline in value.
It's all BS anyway.
This society has lost its imagination and creativity. with no capital left to fund new productive ventures, the increasing rate of printing new money supply is chasing the same ole' same ole' equities.
The housing market hasn't even begun to crash. Hang on to your boot straps. There will be blood in the streets. Buy physical gold/silver now