Aside from the Fed meeting it’s another relatively slow week. The action should revolve around the Fed decision on Wednesday. Confirmation of accommodative action should be assumed. Bernanke has been very clear about his stance.
Monday – No major market moving news.
Tuesday –
ICSC-Goldman Store Sales 7:45 AM ET
Producer Price Index 8:30 AM ET
Empire State Mfg Survey 8:30 AM ET
Redbook 8:55 AM ET
Industrial Production 9:15 AM ET
Wednesday –
Consumer Price Index 8:30 AM ET
Housing Starts 8:30 AM ET
EIA Petroleum Status Report 10:30 AM ET
FOMC Meeting Announcement 2:15 PM ET
Thursday –
Jobless Claims 8:30 AM ET
Leading Indicators 10:00 AM ET
Philadelphia Fed Survey 10:00 AM ET
EIA Natural Gas Report 10:30 AM ET
Friday – No major market moving news.
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.
He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.