0 Comments

https://www.investopedia.com/why-investors-have-to-rethink-the-faang-stocks-4586751

By Calculated Risk

The key economic reports this week are September CPI and Retail Sales.

—– Monday, Oct 10th —–


Columbus Day Holiday: Banks will be closed in observance of Columbus Day. The stock market will be open. No economic releases are scheduled.

1:35 PM: Speech, Fed Vice Chair Lael Brainard, Restoring Price Stability in an Uncertain Economic Environment, At the National Association for Business Economics (NABE) Annual Meeting, Chicago, Ill.

—– Tuesday, Oct 11th —–


6:00 AM: NFIB Small Business Optimism Index for September.

—– Wednesday, Oct 12th —–
 


7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.

8:30 AM: The Producer Price Index for September from the BLS. The consensus is for a 0.2% increase in PPI, and a 0.3% increase in core PPI.

2:00 PM: FOMC Minutes, Meeting of September 20-21, 2022

—– Thursday, Oct 13th —–


8:30 AM: The initial weekly unemployment claims report will be released.  The consensus is for an increase to 225 thousand from 219 thousand last week (likely impact from Hurricane Ian).

8:30 AM: The Consumer Price Index for September from the BLS. The consensus is for a 0.2% increase in CPI, and a 0.5% increase in core CPI.  The consensus is for CPI to be up 8.1% year-over-year and core CPI to be up 6.5% YoY.

—– Friday, Oct 14th —–


Retail Sales

8:30 AM ET: Retail sales for September will be released.  The consensus is for a 0.2% increase in retail sales.

This graph shows retail sales since 1992. This is monthly retail sales and food service, seasonally adjusted (total and ex-gasoline).

10:00 AM: University of Michigan’s Consumer sentiment index (Preliminary for October).

Original Article – Calculated Risk

The Wire

About the author

Online resource for daily updates and information relating to investing stocks, bonds, Forex, real estate and much more. A One stop shop for news for Traders and Investors the world over.

{"email":"Email address invalid","url":"Website address invalid","required":"Required field missing"}
New Market Highs - Protect Your Gains

Protect Yourself From Another Crash

How to protect profits against another crash 

>