The Kobeissi Letter posted on X. This week, several significant economic events are scheduled, which could impact financial markets. On Monday, the December Retail Sales data will be released, providing insights into consumer spending during the holiday season.
Wednesday will see the release of the January Jobs Report, offering a snapshot of employment trends at the start of the year. On Thursday, the Initial Jobless Claims data will be published, alongside the January Existing Home Sales data, both of which are crucial indicators of economic health.
Friday will feature the January Consumer Price Index (CPI) Inflation data, a key measure of inflation that could influence monetary policy decisions. Additionally, five Federal Reserve speakers are scheduled to make appearances throughout the week, potentially providing further insights into the central bank's outlook.
Amid these events, more information regarding the potential government shutdown is expected to emerge, adding another layer of complexity to the economic landscape.