Weighing the Week Ahead: How Much Has Economic Weakness Hurt Corporate Earnings?

The economic calendar is normal and includes several important reports. I am especially interested in the housing data and retail sales. More important than the economic data is the start of earnings season. With everyone convinced about economic deterioration, expect the pundits to be asking: How much has the weak global economy affected corporate earnings? […]

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Weighing the Week Ahead: Who Really Runs the Fed?

The economic calendar is modest with a focus on monetary policy. Minutes from the last FOMC meeting, Congressional testimony by Fed Chair Powell, more inflation data, and continuing discussion of Friday’s employment report all put the Fed in focus. In addition, President Trump has identified interest rates and Fed policy the “most important problem” facing […]

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