End of Volatility After Rate Cut?
There is not much economic data coming out this week and earnings report has been winding down. But there is a batch of retailers reporting earnings this week and it would be interesting to see what their earnings/ guidance say about consumer spending. This could throw some light on the growth of economy.
Mon:
Notable earnings: LOW
Tue:
Notable earnings: AEO, ACS, TGT, DKS, BJ
Wed: Japan Interest Rate Annoucement
Notable earnings: ANF, BCSI, BHP, GYMB, TOL
Thurs:
Notable earnings: ARO, BKS, BEBE, GME, PLCE
Fri: Durable Orders, New Home Sales
Notable earnings: ANN
Btw, does anyone of you think the Fed discount rate cut would bring an end to the volatility in the market for good? I have my reservations.
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