Week Ahead

The Economic Week Ahead: September 9-13

Sep 8, 2024 3 min read paid

This week's economic indicators will be primarily focused on inflation. Barring any unexpected surprises on the inflation front, the financial markets may care more about the few labor market indicators. The FOMC entered the blackout period ahead of its September meeting yesterday, sparing markets from an extra source of volatility. We expect the combination of a normalizing hiring, inflation, and interest rate environment (a.k.a. Immaculate Disinflation)

Ed Yardeni
Eric Wallerstein

The Economic Week Ahead: September 2-6

Sep 2, 2024 2 min read paid

The shortened week ahead is an important one for labor market indicators. We expect them to show that August's employment continued to grow at a solid pace, and better than July's pace, which was weakened by bad weather. That should lift bond yields, the dollar, and cyclical sectors of the S&P 500. Here's more: (1) Employment. August's employment report (Fri)

Ed Yardeni
Eric Wallerstein

The Economic Week Ahead: August 26-30

Aug 25, 2024 3 min read

This week will include the first clues on the economy's performance in August. We're expecting to see confirmation of ongoing labor market strength in the month's consumer confidence survey (Tue) and initial unemployment claims (Thu). Some of August's improvement should be a bounce back from July's weather-depressed economic activity, which may be reflected in July's personal income release

Ed Yardeni
Eric Wallerstein

The Economic Week Ahead: August 19-23

Aug 18, 2024 3 min read paid

The week ahead is light on economic data. However, there will be lots of news coming out of Jackson Hole, Wyoming from Thursday through Saturday as many of the world's central bankers gather for their annual meeting near the Grand Teton mountain range. Most important will be Fed Chair Jerome Powell's speech on Friday at 10:00 a.m. (EST). Many other central bankers from the

Ed Yardeni
Eric Wallerstein

The Economic Week Ahead: August 12-16

Aug 11, 2024 3 min read paid

The week ahead is packed with economic reports. In addition, more Fed talking heads are likely to opine on last week's financial markets volatility and the monetary policy outlook. As market prognosticators debate the speed and size of coming interest rate cuts, the most important indicators are likely to be those closely tied to the Fed's dual mandate. Here's what we're watching

Ed Yardeni
Eric Wallerstein

The Economic Week Ahead: August 5-9

Aug 4, 2024 3 min read paid

The week ahead is relatively light in terms of economic reports. It's also light on talking Fed heads. But, we won't be surprised if one or two of them pops up on CNBC. We think they might push back against the rate-cut mob that is calling for a 50bps cut in the federal funds rate in September. It would be a shame if they joined in

Ed Yardeni
Eric Wallerstein

The Economic Week Ahead: July 29-Aug 2

Jul 28, 2024 2 min read paid

The week ahead is packed with economic indicators, but all eyes will be on the Fed's interest rate decision on Wednesday and payroll employment on Friday. We don't expect the Fed will alter the stance of monetary policy at the July meeting, but Fed Chair Jerome Powell could signal that a September cut to the federal funds rate (FFR) is likely. That's because as

Ed Yardeni
Eric Wallerstein

The Economic Week Ahead: July 22-26

Jul 21, 2024 3 min read paid

The week ahead is jampacked with key economic indicators, including the first read on Q2's real GDP and June's PCED inflation rate. We're expecting robust economic growth and further progress toward the Fed's 2.0% inflation target. The latest regional business survey might also confirm our forecast that the goods-producing sector is entering a rolling recovery. Here's our outlook for

Ed Yardeni
Eric Wallerstein

The Economic Week Ahead: July 15-19

Jul 14, 2024 3 min read paid

The economic week ahead will include updates on industrial production and business sales of goods, as well as retail sales. The upshot is likely to be another all-time high for June's Index of Coincident Indicators (Thu), as confirmed by S&P 500 forward earnings per share which climbed to another new record high during June (chart). When profits grow, the economy grows. During the current earnings reporting

Ed Yardeni
Eric Wallerstein

The Economic Week Ahead: July 8-12

Jul 7, 2024 3 min read paid

Last month, lower-than-expected CPI and PPI inflation readings for May, along with rising unemployment claims for June, raised market expectations that the Fed will ease monetary policy sooner rather than later. The week ahead will be dominated by inflation data and jobless claims that are likely to confirm that the economy is in a disinflationary soft patch. That could boost both stock and bond prices. Consider the following: (1) CPI.

Ed Yardeni
Eric Wallerstein

The Economic Week Ahead: July 1-5

Jun 30, 2024 2 min read paid

We know there will be fireworks on July 4th. The question is whether we should expect any blasts or just fizzling sounds during the week ahead related to the economy and the labor market. The holiday-shortened week will be jampacked with employment indicators. We aren't expecting any big surprises: (1) Payroll employment. We expect that June's employment report (Fri) will show payrolls rose by 150,000

Ed Yardeni
Eric Wallerstein

The Economic Week Ahead: June 24-28

Jun 23, 2024 3 min read paid

The key indicator everyone's watching this week is May's PCED (Fri). We expect the Fed's preferred inflation gauge will continue to show progress toward its 2.0% target. The labor market may also take center stage this week. If weekly jobless claims (Thu) increase sharply after falling 5,000 to 238,000 in the June 15 week, the 10-year Treasury yield would likely dip

Ed Yardeni
Eric Wallerstein

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