After last week’s relatively decent performance by the markets, this week could be more of a mixed bag. Despite getting a day off for Memorial Day, the week will be busy in terms of important economic data. Ultimately, we’ll see data covering the gamut of consumer-, manufacturing-, employment-, and natural resources-related metrics.
With that in mind, if the data comes in poor, we could see another week of heightened volatility and dropping stocks.
On a positive note, with the so-called earnings season pretty much over, the number of earnings reports will dry up to just a trickle. That’s one less thing investors need to worry about.
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