💼 𝗠𝗮𝗿𝗸𝗲𝘁 𝗪𝗮𝘁𝗰𝗵: 𝗪𝗵𝗮𝘁'𝘀 𝗔𝗵𝗲𝗮𝗱 𝗶𝗻 𝘁𝗵𝗲 𝗖𝗼𝗺𝗶𝗻𝗴 𝗪𝗲𝗲𝗸
▪️ 𝗨.𝗦 𝗘𝗰𝗼𝗻𝗼𝗺𝗶𝗰 𝗗𝗮𝘁𝗮
Recent strong jobs and growth data have led markets to delay expectations of Federal Reserve interest rate cuts. However, attention is now focused on Tuesday January inflation report. Any signs of rising price pressures could further postpone rate cut expectations. Economists predict a 0.2% increase in consumer prices from the prior month, with an annual increase of 2.9%. Underlying inflation is expected to rise by 3.8% from a year earlier. Throughout the week, several Fed officials, including Thomas Barkin, Raphael Bostic, and Mary Daly, will provide insights.
Additionally, retail sales figures for January and the weekly report on initial jobless claims will be released on Thursday, followed by reports on producer price inflation and preliminary consumer sentiment data on Friday.
▪️ 𝗘𝗮𝗿𝗻𝗶𝗻𝗴𝘀 𝗥𝗲𝗽𝗼𝗿𝘁𝘀
Earnings reports with some activity with notably companies reporting earnings like $ABNB (Airbnb Inc) , $KO (Coca-Cola) . Among them, from our portfolio $TSEM (Tower Semiconductor Ltd) and $SONY (Sony Group Corp.-ADR) are reporting earnings this week.
Additionally we have ex-dividend date for Kroger and Chevron this week.
𝐄𝐭𝐨𝐫𝐨 𝐩𝐨𝐩𝐮𝐥𝐚𝐫 𝐢𝐧𝐯𝐞𝐬𝐭𝐨𝐫,
𝗥𝘂𝗶 𝗛𝗲𝗻𝗿𝗶𝗾𝘂𝗲𝘀
@𝐀𝐥𝐦𝐨𝐬𝐭𝐃𝐨𝐧𝐞... Show More
