Look ahead: Economic Calendar
A midday look ahead in preparation for economic reports and events scheduled for the next trading day.
Highlights: Big day, Tuesday. The reports are the least of it, when they alone would be remarkable. Those are the three housing sector looks, two simultaneously, when I have very little record of two being released on the same day. Anyway, the BIGGER big activity is the first half of Bernanke’s semi-annual congressional testimony. He is expected to walk back last week’s hawkish FOMC Minutes that spooked the market just for there having been discussion about ending QEternity. This would likely produce a positive price reaction, and probably also positive price anticipation, centered around the embargo being lifted on his prepared opening remarks at 10:00… P.S. Don’t assume that positive price action on Tuesday’s first appearance won’t be undone if/when Bernanke takes the same tack Wednesday.. P.P.S. The Senate is scheduled to vote on Jack Lew’s confirmation as the next Treasury Secretary.
ICSC-Goldman Store Sales
7:45 AM ET
Redbook
8:55 AM ET
FHFA House Price Index
9:00 AM ET
S&P Case-Shiller HPI
9:00 AM ET
New Home Sales
10:00 AM ET
Consumer Confidence
10:00 AM ET
Bernanke Humphrey-Hawkins Senate testimony
10:00 AM ET
Richmond Fed Manufacturing Index
10:00 AM ET
State Street Investor Confidence Index
10:00 AM ET
4-Week Bill Auction
11:30 AM ET
5-Yr Note Auction
1:00 PM ET
