We have a modest economic calendar including the ISM non-manufacturing index, JOLTS, jobless claims data, and the NFIB index. The Fed minutes from September’s meeting will be released. The Vice-Presidential debate is set for Wednesday. None of this will lead the daily news headlines as everyone monitors President Trump’s condition. This is important for many […]
We have a huge economic calendar and the first of three scheduled Presidential debates. The employment report will be the last one before the election, so I expect it to get special attention. Most of the other important economic data will also be reported during the week. The data provide an opportunity for investors to […]
We have a light economic calendar with important data on home sales, jobless claims, and durable goods orders. None of these is likely to stimulate higher heartbeats. I expect politics and the election to get plenty of attention in the financial media, especially with an open Supreme Court seat as a new issue. These are […]
We have a light economic calendar and a holiday-shortened week. The NFIB small business report is interesting, as is the continuing information on jobless claims. There will be plenty of political news of course, but market attention will be focused on this novel idea that markets can move downward. Maybe even a lot in a […]
The most important feature of the Nonfarm Payroll report continues to go unnoticed. We should be watching the response rate in the second revision of the data. That is where failed and shuttered business show up. This is important because the BLS methodology (and they are doing as well as possible with the tools at […]