A
holiday shortened week may pack a punch for Wednesday but there will be plenty
of data to mull on Monday, led by existing home sales, and on Tuesday which will
be highlighted by home prices and consumer confidence. Existing home sales are
not, unfortunately, expected to show much life though Case-Shiller home prices
on Tuesday are. Wednesday will see an avalanche of market-moving indicators led
by durable goods orders, which are expected to show a rare advance, and personal
income and outlays where, according to the Econoday consensus, core PCE prices
are expected to post a noticeable advance. New home sales, the bookend to
Monday's existing home sales, will end the holiday shortened week.
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Monday, November 23, 2015
The (Holiday) Week Ahead...
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