Menu
Theme
Sign In
The week ahead is jam-packed with economic data that are likely to show weakening economic activity and some signs of peaking inflation. In addition, the latest FOMC statement, released Wednesday, will probably announce a 75bps rate hike. Now consider the following:
(1) The last three of July's five regional business surveys will be released on Monday (Dallas), Tuesday (Richmond), and Thursday (KC). Like the NY and Philly surveys, we expect to see further slowing in activity, easing of supply-chain issues, and moderation in the prices-paid and prices-received indexes. The regional capital spending indicators have been weakening recently. We'll see if that's confirmed by July's regional surveys and by New Orders for Durable Goods on Wednesday.
End of free preview
Ed's analysis as news breaks — often the same day. Plus the full QuickTakes archive.
Individual investor? Get Ed's QuickTakes for personal use at yardeniquicktakes.com →