A three-day extravaganza for indicators! On Tuesday, the barrage begins with PPI and retail sales. Mid-week brings us the CPI and industrial production. The indicator show ends with housing starts on Thursday—just before Friday’s quadruple witching.
Tuesday: PPI & retail sales 8.30am
Wednesday: CPI,Industrial Production, Petroleum Report
Thursday: housing starts, jobless claims, nat gas report
Simply Economics Trade, sentiment help recovery
By R. Mark Rogers, Senior U.S. Economist
Markets are continuing to adjust to the likelihood that the economy is in recovery. Equities rebounded further from lows earlier this year and there are signs of strengthening in the consumer sector and in international trade. (click to read entire article)