Entrepreneur
Kurra Bewarse Username: Entrepreneur
Post Number: 3652 Registered: 05-2011
Rating: N/A Votes: 0 | Posted on Saturday, August 14, 2021 - 11:02 am: | |
This Week – 1. The focus will likely be split between the retail sales report and the FOMC minutes. 2. Retail sales softened in the first half of the month, but picked up in the second half,reflecting strength in back-to-school shopping (often a harbinger of a robust holiday shopping season). 3. Note that August retail sales (to be reported on September 16) are likely be affected by the delta surge. FOMC minutes should show differences of opinion on the timing of Fed tapering (which is already apparent in officials’ public speeches). 4. The minutes should highlight the degree of that difference. Quantity descriptions (“few” / “some” / “several”) will be key. |