The Week Ahead on Wall Street: Earnings Hits Last Lap, Consumer Credit on Tap
This week, investors will shift away from earnings reports for their news and look to Federal Reserve speeches for clues about the current economy after last week’s soft employment figures. Economic numbers will also provide some clues with data from the trade deficit, producer prices and consumer sentiment.
The elections in Europe and the euro zone’s economic woes will also be at the forefront.
Take a look at the week ahead:
Monday: Consumer Credit.
Tuesday: NFIB Small Business survey, Job Openings and Labor Turnover.
Wednesday: Wholesale inventories.
Thursday: U.S. deficit, Jobless claims, US trade deficit, Import prices and Federal budget.
Friday: Producer price index and the Reuters/University of Michigan consumer sentiment.
Monday: Jeffrey Lacker, Richmond Federal Reserve Bank president will speak about the job market.
Tuesday: Richard Fisher, Dallas Federal Reserve Bank president speech
Wednesday: Speeches by Minneapolis Fed president Narayana Kocherlakota and Charles Plosser, Philadelphia Fed president
Thursday: Federal Reserve Chief Ben Bernanke will speak about bank lending.
Friday: Nvidia Corp. (NASDAQ:NVDA).