Market Glance For December 7th: A Warehouse Full Of Profits At Costco As The Fed Looms
Aaron Levitt Dec 07, 2015
After last week’s big declines in the markets, investors may be in for another interesting ride. While the actual amount of data and earnings reported this week will be relatively light, traders and investors will be bearing down the gun of the Fed’s potential rate lift off the following week. Every little bit of news should send market participants selling or buying stocks and bonds.
The news will come from data points such as core retail sales, unemployment figures and consumer sentiment metrics, as well as inflationary numbers—all the sorts of things that the Fed looks at when contemplating what to do about interest rates. Luckily, much of this data comes in at the end of the week.
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