Will any of these Economic indicators move the market this week?
May 7 3:00 PM Consumer Credit Mar
May 8 7:00 AM MBA Mortgage Index
May 8 10:30 AM Crude Inventories
May 9 8:30 AM Initial Claims
May 9 8:30 AM Continuing Claims
May 9 10:00 AM Wholesale Inventories
May 9 10:30 AM Natural Gas Inventories
May 10 2:00 PM Treasury Budget
Initial Claims (Pathetically a tiny bit positive news, yet overall still bad news). Who is going to hire with these and other numbers looking the way things do. Inflation numbers are a joke. Been to the store lately? 50%-100% jump in last 6 months on some items and is only going to get worse.The only good news is patchy housing market, but even that has been squeezed slower lately.