Sunday, July 15, 2007

The Upcoming Week

It's going to be a busy week in the markets.

1.) It's earnings season. 'nuff said.

2.) There are three manufacturing reports. The Empire State survey on Monday, Industrial Production on Tuesday and the Philly on Thursday. Remember that manufacturing/exports are supposed to be a big reason for the US not entering a recession soon, so these numbers are crucial.

3.) PPI is Tuesday and CPI is Wednesday. But remember -- food and energy don't count at all in these numbers.

4.) Housing starts are on Wednesday. Just when the market doesn't need more bad housing news.....