The Week Ahead
The week ahead brings significant news on the economic and earnings front and will focus a spotlight on what we can expect for the First Quarter. By Thursday or Friday at the latest we’ll have a much clearer view of where the economy and market might be going as the economic reports will focus on housing, inflation, jobs and leading indicators.
This will be a huge week for earnings, as well, and analysts will be looking for improvements and top line revenue growth. We’ll see a cross section of financials, transportation, consumer, tech and manufacturing and some of the more notable releases to keep an eye on are:
Tuesday: Citigroup (
C), IBM (
IBM)
Wednesday: Bank of America (
BAC), Morgan Stanley (
MS), Wells Fargo (
WFC), Starbucks (
SBUX)
Thursday: Goldman Sachs (
GS), American Airlines (
AAR), Advanced Micro Devices (
AMD), Burlington Northern (
BNI) and Google (
GOOG)
Friday: McDonald's (
MCD), General Electric (
GE)
On the economic front major reports include:
Wednesday: December Building Permits, December Housing Starts, December Producer Price Index and Consumer Price Index
Thursday: Weekly Jobless Claims, Continuing Claims, December Leading Economic Indicators, January Philadelphia Fed Report
An Important Week Ahead for Earnings and Economic Reports -- Seeking Alpha