December 8th - The Week Ahead

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The Week Ahead Of Us 🔍

Welcome back! Stocks have been on an absolute tear, reaching new record highs on Friday. Momentum looks like likely to continue following a “just right” jobs report that will allow for modest rate cuts.

Here’s a look at earnings this week.

• Monday: Oracle

• Tuesday: AutoZone, Ferguson Enterprises, GameStop, Academy Sports

• Wednesday: Adobe

• Thursday: Broadcom, Costco

Here’s a look at economic data this week.

• Wednesday: CPI (est. 0.3%, 2.7% y/y), Core CPI (est. 0.3%, 3.2% y/y), Monthly U.S. Federal Budget (est. -353B)

• Thursday: Initial Jobless Claims (est. 224,000), Producer Price Index (est. 0.2%)

• Friday: Import Price Index (est. -0.2%)