The Economic Week Ahead: September 9-13

This week's economic indicators will be primarily focused on inflation. Barring any unexpected surprises on the inflation front, the financial markets may care more about the few labor market indicators. The FOMC entered the blackout period ahead of its September meeting yesterday, sparing markets from an extra source of volatility. We expect the combination of a normalizing hiring, inflation, and interest rate environment (a.k.a. Immaculate Disinflation) will broaden the stock market's breadth. Value stocks could outperform growth stocks, especially Financials, for a while (chart).

Here's what we're watching this week: